Cannon Trading Registration and Sign Up Information | cannontrading

Cannon Futures Weekly Letter Issue # 999

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Trading Webinar: 7 Most Effective Trading Setups

Tuesday, Feb 11th 10:00 AM - 11:00 AM PST

In this session, we’ll take a look at what makes a good trading setup, then we’ll look at Peter's top 7 trading setups.

SPACE is LIMITED, so reserve your space now!

For each trading setup, we’ll consider the following

- What the setup is

- Which market conditions it works best in

- Why the setup works

- Who is on the wrong and right side of the trade if it works out

- How to identify it’s working out

- How to identify if it’s not working out

- Typical Risk:Reward

What you will see is that although the setups are different, there’s lots of things in common with them. Instead of learning 7 different skills, we are taking a few skills and applying them in different scenarios. With these 7 setups, you would certainly expect to find multiple trades per day on most market, but patience is still key because we want to get in when conditions are just right. For those looking for new setups or those looking to improve the way they confirm/manage their existing setups – this webinar is for you.

SPACE is LIMITED, so reserve your space now!

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: "Treasury yields hold ground as coronavirus jitters cool"

Source: Dave Register of ExitPoints.com

The US 30 year treasury bond market belongs to the "interest rate family" 10 year, 5 year, 2 year notes, the "Ultra bond" and others. All traded on the CBOT exchange.

The March 30-year T-bond made a price high on 2/3/2020 and sharply declined for a couple of days. My swing trade indicators are indicating the “hammer” candle on 2/6/2020 is a swing trade low. Look for a rally in the March 30-year T-bond over the next week or so.

Daily chart of T-Bond Futures for your review from this morning ( February 7th 2020). Bonds are a very liquid market with a relatively LARGE tick size of $31.25. Bonds also have some of the LOWEST exchange fees in the futures markets which make the total cost of trading it cheaper than the mini SP or crude oil for example. This market offers different type of day-trading vehicle. Different behavior and personality. I like to look for set ups in this market and the 10 year notes in different ways. One is trying to "SCALP" the large tick size and the other, which I prefer is to look for "longer day trades " using the 15, 30 and 60 minutes charts. If you are a day-trader, you may want to watch this market, get a feel for the different type of trading it offers versus Indices or crude oil for example and see if it is a "worthy" market to add to your day-trading markets list. It goes without saying that bonds are an excellent market for options, swing trading and long term trading as well with 23 hours trading, strong volume and excellent liquidity. This chart was prepared using our FREE E-Futures Int'l software, which you can demo for 28 days with real time data.

To access a free trial to the ALGOS shown in the chart ( "early trend identifier" included) along with other tools, visit and sign up for a free trial for 21 days with real time data.

30 yr Treasury Bond Futures Specs

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $3080 initial, $2800 Maint. ( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 144.16 to 145.16 ). Min fluctuation is 0.01 = $31.25 ( Example: 144.16-144.17) Settlement: Physical Delivery

Months: Quarterly (March,June,Sep,Dec) Weekly Options:YES

Some of the basic fundamentals to keep in mind when you are considering trading the U.S.30yr Treasury Bonds for this matter:

1. Interest Rates.

2. FOMC Rate decisions and Language

3. Focus in macroeconomics

4. Bond Prices have an inverse relationship to Interest rates

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Geopolitical Stability

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the markets: options, futures spreads and much more! Feel free to contact us at any time.

The chart below was prepared using our FREE E-Futures Int'l software, which you can demo for 28 days with real time data.

Daily Levels for February 10, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Trusted Email from Constant Contact - Try it FREE today.

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 998

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

CME Group raises data fees as well as transaction fees for stock index futures

Heads up, starting Feb 1st 2020:

CME has raised the fees for the monthly data as follows: each exchange is now $10 per month and the bundle is $30 per month for NON PRO full market depth( CME, CBOT, NYMEX, COMEX). Keep in mind certain FCM's also charge a handling fee of $1 to $2 per exchange.

CME has KEPT the fees for the monthly data TOP of the BOOK at $1 per exchange or $3 for the bundle. Increase may come on Wednesday.

CME has also raised the transaction/exchange fees as follows:

*Per side exchange fees for the ES, YM, NQ, RTY, EMD and few others are going from $1.18 per side to $1.23 per side

Per side exchange fees for the MICROS MES, MNQ, MYM, MR2K REMAINS the SAME

Our brokers here at Cannon will be happy to assist, answer questions, look at possible alternatives ( perhaps markets like bonds with lower per side fees? perhaps using top of book data?) and much more! Feel free to contact us at any time.

Why do most futures traders lose money and how can you improve your odds?

Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.

*Reasons why most traders lose

*Looking at tools you can utilize and improve your odds

*Review different methods/concepts of trading

*Ilan shares many tidbits that can help variety of traders

*Ilan answers questions

Please click to watch the recorded 45-minute webinar which in our opinion contains some of the most valuable advise both new and advanced traders can utilize

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: "Investors fearful of geopolitical risk have made the Swiss franc their hideout spot."

Source: Dave Register of ExitPoints.com

This week’s highlighted Market is Swiss Franc. Swiss Franc is part of the currency sector along with "it's" brothers Japanese yen, Euro, British Pound, Mexican Peso, Aussie $, New Zealand $ and others. All traded on the CME exchange.

Investors fearful of geopolitical risk have made the Swiss franc their hideout spot.

But what do the technical indicators say? I use the 5-day and 21-day commodity channel index as part of my analysis. The March Swiss Franc is oversold and most likely made a short term swing low on Wednesday 1/29/2020. Look for a rally over the next week.

Daily chart from this morning, (January 31st 2020).

To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

Swiss Franc Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $3410 initial, $3100 Maint. ( as of the date of this newsletter)

Point Value: full point = $1250.00 ( Example: 104.650 to 105.650 ). Min fluctuation is 0.01 = $12.50 ( Example: 104.650 to 104.66) Settlement: Deliverable, FND is last business day preceding the contract month

Months: March (H), May (K), July (N), September (U,) December(Z)

Weekly Options:YES

Swiss franc futures allow traders to assess value against the U.S. dollar. It is being the sixth most-traded currency in the world and it is well known for its low volatility. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering a trade in the Euro Currency as well as other currencies:

1. When you are trading the Euro Currency or any other currency pair, you must be aware of Central Bank Risk, policy changes, Interest rate adjustments, Inflation expectations, prices of other commodities that may impact the health of a sovereign currency.

2. Dates and times of important reports for that specific country

3. Relationship with other currencies

4. Global Political situation

5. Growth reports, such as the GDP, manufacturing PMI, services PMI, and retail sales

6. Reports about the balance of payments, such as current account and trade balance reports

Our brokers here at Cannon will be happy to chat about the Swiss franc market, other energies, other futures, options, futures spreads and much more! Feel free to contact us at any time.

The chart below was prepared using our FREE E-Futures Int'l software, which you can demo for 28 days with real time data.

Daily Levels for February 3, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 997

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Why do most futures traders lose money and what you can do to improve your odds?

Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.

*Reasons why most traders lose

*Looking at tools you can utilize and improve your odds

*Review different methods/concepts of trading

*Ilan shares many tidbits that can help variety of traders

*Ilan answers questions

Please click to watch the recorded 45-minute webinar which in our opinion contains some of the most valuable advise both new and advanced traders can utilize

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: $10 Move Down on Crude Oil Futures last 2 weeks!

By Joe Easton, Senior Broker

This week’s highlighted Market is Crude Oil. Crude Oil is part of the energy sector along with "it's" brothers "RBOB - Unleaded gas" and heating oil and cousin, natural gas. All traded on the NYMEX/GLOBEX exchange.

Crude oil -CL futures traded to $65.65 per barrel on January 8th, 2020 when Iran attacked US forces in Iraq. 2 weeks later we are trading under $54 per barrel. This attack was in response to the January 4th U.S drone strike killing Iranian General Qassem Soleimani. Crude Oil closed the week- 2 days later at $59.12, over $6 off the high. Prior to this recent high CL rallied 10 of the past 13 weeks since early October lows of 50.99. Perfect example of the market going down 3 times faster than going up. This week we are down another $5 after a small range last week. Pictured in the chart market has been in a range for the last year dating back to last January. Technically CL tested both support and resistance multiple times and I expect to breakout to a measured move of about $12 in the not so distance future.

The market has shown "respect" so far to support and resistance levels and the heightened volatility creates some interesting option spreads possibilities ( and risks). We believe volatility will remain higher than normal and as traders, we need to adjust our trading approach and settings to higher volatility.

To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

On a different note, Crude Oil futures are fastly becoming one of the more popular contracts for day-trading as volatility, speed, price fluctuations are all there for the double edge sword, day-traders love.

Keep in mind that the GLOBEX/NYMEX also offers the mini Crude oil contract which is half the size and may be a good alternative for smaller/ begginer traders.

MINI Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $2062 initial, $1850 Maint. ( as of the date of this newsletter)

Point Value: full point = $500 ( Example: 62.80 to 63.80 ). Min fluctuation is 0.25 = $12.5 ( Example: 61.80 to 61.825)

Settlement: Cash Settled commodity one day prior to the Big Contract

Months: Monthly cycle, All Months

Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $4125 initial, $3750 Maint. ( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 71.80 to 72.80 ). Min fluctuation is 0.1 = $10 ( Example: 71.80 to 71.81)

Settlement: Physical, deliverable commodity

Months: Monthly cycle, All Months

Weekly Options:YES

Crude Oil is one of my favorite markets for Day Trading because of the intraday voilatility and movements. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering a trade in the crude oil as well as other energies:

1. Longer term view of current market prices

2. Dates and times of important reports. Namely, Tuesday afternoon report (API) and the DOE report on Wednesday mornings at 10:30 Am EST

3. Weather and Seasonality

4. Correlation to US Dollar prices

5. Inflationary prospects

6. Geopolitical Stability

7. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the crude olil market, other energies, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Click on image below to enlarge

Daily Levels for January 27, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Hi Luke,

Ilan (pronounced Elan) here with Cannon Trading (one of the first online futures trading companies and in business since 1988)

Thank you for visiting our website and inquiring about our futures trading services!

Cannon Trading has a lot to offer over the competition:

*Licensed series 3 account representative.

*Low day trading margins!

*Competitive commissions!

*Multiple choice of platforms.

* Award winning services.

* Vast educational resources.

Here is what you can have by becoming a client of Cannon Trading:

Mobile Trading
Access to live person 24/6
You can get live quotes for as little as $1 per month
Daily trading levels
Fast response via email or chat
See what our clients have to say about us!

You can open an account online in less than 15 minutes!

In order for me to assist you in a personal matter, please take a minute and reply back to questions below:

1. Have you traded futures before?

2. Are you using a WINDOWS PC or a MAC computer?

3. What markets interest you at this time?

4. Are you planning to daytrade, longer term trades? options/futures?

5. What is the amount of capital you are planning to open an account with?

6. Have you taken a course or been mentored by anyone?

I look forward to future conversations so I can provide you with more details.

Good Trading,

Ilan Levy-Mayer

Cannon Trading Company

9301 Wilshire Blvd., Suite No. 515

Beverly Hills, CA 90210

Phone: (800) 454 – 9572 | (310) 859 – 9572

Skype: ilanlevymayer

Fax: (310) 859 – 0547

fb_email twitter_email YouTube-email

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this letter are of opinion only and do not guarantee any profits. There is not an actual account trading these recommendations. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

7 Most Effective Trading Setups

Join us for a webinar on Feb 11, 2020 at 10:00 AM PST.

Register now!

In this session, we’ll take a look at what makes a good trading setup, then we’ll look at Peter's top 7 trading setups.

For each trading setup, we’ll consider the following

- What the setup is

- Which market conditions it works best in

- Why the setup works

- Who is on the wrong and right side of the trade if it works out

- How to identify it’s working out

- How to identify if it’s not working out

- Typical Risk:Reward

What you will see is that although the setups are different, there’s lots of things in common with them. Instead of learning 7 different skills, we are taking a few skills and applying them in different scenarios.

With these 7 setups, you would certainly expect to find multiple trades per day on most market, but patience is still key because we want to get in when conditions are just right.

For those looking for new setups or those looking to improve the way they confirm/manage their existing setups – this webinar is for you.

SPACE is LIMITED, so reserve your space now!

Risk: 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

After registering, you will receive a confirmation email containing information about joining the webinar.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Our 1000 issue of the weekly newsletter is coming up next week!!

We will have more than a few "goodies" to celebrate this milestone.

In between, take note of President's Day Schedule below and trading levels for the shortened session on Monday.

Click on image below for full schedule

Open a futures trading account with as little as $750!

Open a live trading account

$100 day-trading margins

Live, real-time charts

Have you been following the markets for a while now? Not able to make the switch from demo to live trading?

Well now with the MICROS contracts being 1/10 the size of the mini indices, you can start trading a LIVE account with as little as $750** using the smaller MICROS.

Daily Levels for February 17th

Weekly Levels

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

FN / LT days

(First Notice and Last trading days)

Provided by www.MRCI.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

7 Most Effective Trading Setups

Join us for a webinar on Feb 11, 2020 at 10:00 AM PST.

Register now!

In this session, we’ll take a look at what makes a good trading setup, then we’ll look at Peter's top 7 trading setups.

For each trading setup, we’ll consider the following

- What the setup is

- Which market conditions it works best in

- Why the setup works

- Who is on the wrong and right side of the trade if it works out

- How to identify it’s working out

- How to identify if it’s not working out

- Typical Risk:Reward

What you will see is that although the setups are different, there’s lots of things in common with them. Instead of learning 7 different skills, we are taking a few skills and applying them in different scenarios.

With these 7 setups, you would certainly expect to find multiple trades per day on most market, but patience is still key because we want to get in when conditions are just right.

For those looking for new setups or those looking to improve the way they confirm/manage their existing setups – this webinar is for you.

SPACE is LIMITED, so reserve your space now!

Risk: 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

After registering, you will receive a confirmation email containing information about joining the webinar.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Looking for portfolio/market diversification?

There few types of services we offer that allow for “hands free trading”: Trading Systems & Cannon Echo Trading are two!

Below you will see our featured systems and their January 2020 LIVE performance to date.

Echo Trading - "Follow the Leader"

Evolution ES Jan 2020 +14%

Min Funding $20,000

Learn more!

Past results are not necessarily indicative of future results.

THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL; THEREFORE, YOU SHOULD CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN YOUR CURRENT FINANCIAL CONDITION. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

Trading Systems

Samurai Copper , Jan 2020 +$5017 per unit traded ( as of January 27th 2020)

Min Funding $15,000

More info here

Past results are not necessarily indicative of future results.

Keep in mind that the selected systems and trade leaders above were selected for their performance in January 2020. The same products have had losing months and past performance is not indicative of future results. There are also many other products we follow that did not have good performance in January.

How can we help you navigate the choices? Our experienced brokers understand the futures markets, risks and opportunities of trading systems and managed accounts and can do the following:

Help you understand your risk tolerance and objectives
Review different systems and managed accounts that may fit your objectives the best
Help you create a portfolio that aims to take advantage of different technologies, your objectives and be diversified as possible

Interested to learn more?

START HERE

Managed Account VS Automated Trading System

Managed Account

Trading Decisions - Up to the decision of the CTA and his/her strategy
Costs - Management fee + Performance fee out of "fresh profits" + Commissions/exch/clearing fees.
Minimum Account Size - Dependent on Strategy, usually $25,000.00 and higher
Account Set Up – Discretionary Trading Agreement given to the CTA (Limited Power of Attorney on the account) along with an advisory agreement

Automated Trading System

Trading Decision - Algorithmic Trading based on the Strategy developed for the system. Many times fully automated.
Costs - Fixed monthly subscription fees to participate in system + Commissions & fees.
Minimum Account Size - Usually starts lower than managed accounts but also dependent on Strategy used. Can start from $5000.00 and higher
Account Set Up – Letter of Direction

Interested to learn more?

START HERE

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

RISK DISCLOSURE: Past results are not necessarily indicative of future results.

The risk of loss in trading futures and options can be substantial, therefore only genuine "risk" funds should be used in such trading. Futures and options may not be a suitable investment for all individuals and individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position.

The recommendations contained in this letter are of opinion only and do not guarantee any profits.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by ilan@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1000

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. 1000th Special report: How the "Fed Juice" affects the markets?

For years, I have been voicing my frustrations with my colleagues in terms of what I think happened after 2008. It seems to me that the fed, since the 2008 crash, feels like it's job is to support the stock market....not sure when this happened but that is how I personally feel. In return, stock indices and other markets simply don't react as well to traditional trading methods and technical analysis. Instead they react to the FED... So for our special 1000th issue of our newsletter, I decided to share the following valuable article by my colleague and client, Shane Smoleny about the “Fed Juice”, how it affects the markets and perhaps how instead of us getting frustrated, maybe learn to follow the juice......

Background: Shane Smoleny is registered CPO and CTA. He has a bachelor’s degree Mechanical Engineering and master’s degree Biomedical Engineering. He was a Physics instructor for 12 years and applies these principles to develop models for financial markets. He is seasoned financial market research analyst who has created a variety of market tools to get an understanding of what's really going on in today's fast-paced markets. These tools include technical analysis, planetary cycles, planetary speed index, and of course the Fed Juice. He provides a daily trading newsletter where he posts information on 10 different commodity markets daily (including the Fed Juice).

Since 2009 Its A "Whole New (Fed) World"

Retail trading has exploded in popularity since the 2009 market lows. We have seen an unprecedented bull run for almost 11 years now. But what most people don't realize is that the Federal Reserve is completely responsible for this rally. In 2008 as the market was approaching lows the Fed began experimenting with increasing their balance sheet (QE 0). But in 2009 they began the “official” purchase program of US Treasuries and Mortgage-Backed securities known as Quantitative Easing (QE 1). Ever since that point, the market has shifted in its basic character. Traditional measurements such as sentiment, technical analysis, seasonal patterns, and market cycles have shifted. This is why it is absolutely critical to have an objective measurement of the Fed's daily activity and its impact on the markets. This is why I created the "Fed Juice" which tracks this exact influence on the markets. For some, it is hard to believe that central banks can have such a strong influence on markets. However, when we look at the markets in terms of the Fed Juice the relentless rally in markets begins to make sense. Below is a weekly chart of the S&P 500 (white) vs the Fed Juice (red). The Fed Juice is surging to all-time levels and the market is following.

To see the chart and finish the article, please click here:

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. In celebration of our 1000th newsletter, please enjoy the folowing:

Open a MICRO trading account with as little as $750 and still trade with Cannon Trading!

View 8 Steps to Better trading

View Top 50 Trading Rules

How I like to Use Bollinger Bands and Parabolics for Trade Exits

Daily Levels for February 24, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Have you heard? There’s a new futures exchange in town.

The Small Exchange is making markets more accessible to more people with products that mix the efficiency of futures with the simplicity of stocks.

Built on the pillars small, standard, and simple, the Smalls offer easily adoptable solutions to risk management and speculative needs of the modern trader in markets ranging from stocks and bonds to currencies and commodities. Now available at Cannon Trading with FREE market data.

NEW FUTURES PRODUCTS FROM THE SMALL EXCHANGE

Daily Levels for December 10th 2020

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 10 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it's called PRO

Economic Reports

provided by: www.BetterTrader.co

All times are Pacific Time ( Los Angles)

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1007

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Wishing everyone a nice and safe holiday!

Some good reading material to expand your trading horizons below, click to view each section:

Commodity Future Trading Tools

The complete guide to risk and opportunities in futures and options trading - NEW!
Recognizing Futures Charts and Patterns - NEW!
Daily Support & Resistance Levels
Free Futures Quotes & Charts
Intra-day Trading Signals
Live S&P Pit Audio
Premium Futures Charts
NEW: Trade Alerts Via Text!
Futures & Commodities Trading Calendar
Live Audio News Feed

Memorial Day Trading Schedule below. Visit our website for more details.

Daily Levels for May 25th

Weekly Levels for May 25th - 29th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Tomorrow is Friday the 13th......

iSystems – Let the ALGOs do the heavy lifting

iSystems is a trading platform that allows you the investor/trader to browse and view performance from over 1500 professionally designed systems.

You can browse statistics, performance, logic and much more.

A series 3 professional broker is here to assist you if you would like to evaluate any specific systems and even better how to create a diversified portfolio based on your risk profile and capital.

The capital requirements for each Algo range from just $3000.00 and up.

You can choose between day trading Algos and swing trading Algos and much more….

Browse our complete iSystems menu here

In today’s post I like to share the following 2 systems:

Swing trading system that trades COPPER

Day-trading system that trades Mini NASDAQ

These systems can be started/stopped at anytime by you! You have full control.

Our brokers are more than happy to discuss diff. systems with you, risks, opportunities, risk tolerance and much more and try to assist you.

Some clients like to have some automated systems in addition to their self directed account, some clients prefer to only utilize automated systems as they don’t have the time or desire to trade on their own.

Futures trading is complex and carries the risk of substantial losses. It is not suitable for all investors. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.

Read full disclaimer bottom of this link

Daily Levels for November 13th 2020

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 10 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: www.BetterTrader.co

All times are Pacific Time ( Los Angles)

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Greetings!

Happy Holidays!

Down below is a copy of the Cannon Trading Company''s Privacy Statement for your 2020 records.

We are required by law to send this policy on an annual basis. It requires NO ACTION on your behalf.

If you have any questions please don''t hesitate to call 800-454-9572, int''l +310-859-9572 or e-mail info@cannontrading.com.

Cannon Trading Company''s Privacy Statement for 2021

Dear Valued Clients,

Enclosed you will find the Cannon Trading Company Inc. Privacy Notice describing our privacy practices, which we are required by state and federal law to provide to you annually.

We welcome the opportunity to provide this information to you, and would like to express our thanks for your continued business. Cannon Trading Company Inc. is committed to providing you the best services. Please don''t hesitate to contact your Cannon Trading representative for a review of your current and future positions.

We at Cannon Trading Co, Inc. recognize the importance of protecting your personal information and financial interests.

As a financial institution and a member of the N.F.A., Cannon Trading Co, Inc. must obtain personal information about you. This information assists us in servicing your account. We realize you may have concerns about what we do with this information and the financial information you provide regarding your account.

You have our guarantee that:

We are committed to safeguarding your privacy online.
Your personal information will only be used to service your account, to improve our service to you, to fill any and all requests by you and to inform you of products and services which may be of interest to you.
We do not sell your personal information to third parties.
We share information as a part of normal business operations and as a part of normal legal/regulatory purposes required by the Internal Revenue Service, N.F.A., CFTC and other regulatory and governmental entities.

Cannon Trading Co, Inc. does not collect personally identifying information about you, except when you knowingly provide it.

The Cannon Trading Co, Inc. Website contains links to other Websites. Once you link to another site, you are subject to the policies of the new site.

Guarantee:

Cannon Trading Co, Inc. is a legitimate business, all transactions are safe and secure and your privacy is protected.

*Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Sincerely,

Cannon Trading Co. Inc.

Regarding your account with Cannon Trading Co. Inc.

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Memorial Day Trading Schedule below. Visit our website for more details.

Daily Levels for May 21st

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

I have been asked recently by few clients: "How can I get into the metals?"

As I mentioned before, there are more than a few ways, depending on ones level of expertise, risk capital, aggressiveness and more.

One "newer way" I like to expand today is the Small Exchange Precious Metals Index.

The index, is made of silver, gold and platinum.

Trades similar to equities as far as pricing format with lower margin/ exposure than silver or gold for example but perhaps a more efficient way than ETF?

The video below is a condensed version of 2.5 days swing trade from last week which discusses the Small Metals Index as well as different trading techniques/insights and more.

Regardless if you are looking to trade metals or other futures, I think you will benefit from the video I am sharing with you here of a swing trade using the Small Metals Index contract.

Swing Trading the SPRE - Smalls Metal Index

Jonathan wrote the following:

#1 Commodity Brokerage

This is the best commodity brokerage I have found! Low commissions and margins. Fast to pick up the phone and always get back to me with all my questions. I have been trading for 15 years now and this is the only brokerage I have ever recommended to my friends and family.

My question to you is can you say the same about your current broker??

If not, find out on how you can get started with Cannon Trading today!

Daily Levels for August 18th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

I’ve received some questions about the price limits or circuit breakers we have seen mostly in stock index futures. Hopefully this explains things a bit better:

A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions can occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, they may remain in a limit condition or they may stop trading for the day, based on regulatory rules.

This is for Stock Index futures but keep in mind MANY other markets are experiencing LARGE swings and moves.

Overnight limits (5:00 P.M. – 8:30 A.M., Central Time): the futures contract is limited to a 5% price move up or a 5% price move down, based on the futures contract’s prior day’s settlement price (3:15 P.M., Central Time).

This applies to the main stock index futures contracts available, such as the ES, MES, NQ, etc.

Detailed information here.

What is so dangerous you may ask?

If you are long an ES during the night session and the market is limit down (5%) you can NOT get out. There is a chance that when the market opens up at 8:30 AM CDT that the market will then go down the 7% limit with out you being able to exit. That means that on certain situations you can lose MORE than you have in your account.

If you don''t understand how the circuit breakers/ price limits work...make sure you call us and talk to a broker at + 1 310 859 9572

This only applies for the overnight session ending at 8:30 A.M. Central Time. At that point, a new set of rules kick in ONLY to the downside....

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Current Price Limits can be found here

_______________________________________________

So we went from 6 weeks of lower volatility, overall higher stock prices to Dow being down over 1900 points at one point today!!

This is MAJOR alert in my opinion that market sentiment has changed.

Be aware and if the below applies, you are in a better spot....

If you know how to take a loss.

If you know how to reduce trading size based on volatility.

If you know how to trade spreads ( NQ vs ES?)

If you understand options spreads.

THAN there are some very interesting set ups out there ( STILL with HIGHER RISK than normal). However if none of the above applies to you, the risks outweighs the potential opportunities. - PERSONAL opinion

On a different note, if you are NOT a Cannon client yet, you may want to read this recent review!!

Daily chart of the VIX ( the volatility index or as I like to call it the "Fear Index) for your review ! Sign up for the FREE trading platform with charts, quotes, indicators and more!

Watch the 40 level basis the July contract!!

Click on chart to enlarge

Daily Levels for June 12th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1029

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Trading Videos 101: Curious on an indicator that can help you with EXITS? How about using a certain indicator as a trailing stop?

Watch the latest trading videos we have posted and see if you can pick a tip or two on trading smarter!

In this week''s newsletter we are sharing four videos, each a few minutes long. The videos discuss practical tips for trading and sharing our experience with you

Using volume charts along with semi automated exits to day trade the MES ( recent trading example)
One way you can use the Parabolics study ( also known as PSAR) to manage current positions, possibly as a trailing stop
Different ways traders can utilize support and resistance levels in their trading.
Entering trades on a stop, using "price confirmation".
Utilizing Range Bar charts for shorter term trading as a way to try and filter out some noise.
Using Bollinger Bands as a possible tool for exiting trades

WATCH VIDEOS NOW

Soybeans WEEKLY Chart below. Prospects of Biden easing tensions with China is one of the reasons beans and other grains rise up. Weaker US $ is another reason as well as lower estimates on USDA reports.

To access a free trial to the ALGOS shown in the chart along with other tools, visit and sign up for a free trial for 21 days with real-time data.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for November 16th, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Click below to watch a 15 minute video of a real time mini SP trade with live prices taken in a simulated environment.

In the video you will see :

Why the trade took place

Initial stop

Initial target

Trade management

Explanation of the tools used.

If after watching the video, you would like to be set up with the same tools as well as a 15 minute remote session walk through ( if desired) please reply back with:

1. Are you currently trading futures?

2. Charting software you use?

3. Are you a current client of Cannon Trading?

4. Markets you currently trading?

Trading Video: Using the Diamond Signal and 10000 volume chart to trade the ES - REAL TIME example.

Click on image below to watch the video

Using the Diamond ALGO Signal and 10000 volume chart to trade the ES futures

Daily Levels for June 11th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1012

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

1. Why do most futures traders lose money and how can you improve your odds?

Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.

*Reasons why most traders lose

*Looking at tools you can utilize and improve your odds

*Review different methods/concepts of trading

*Ilan shares many tidbits that can help variety of traders

*Ilan answers questions

Click Here & Watch the recorded 45-minute webinar which in our opinion contains some of the most valuable advise both new and advanced traders can utilize

2. Hot Market Report: Crude Oil Futures to Break Out?

By Joe Easton Senior Broker

This week’s highlighted Market is Crude Oil. Crude Oil is part of the energy sector along with "it''s" brothers "RBOB - Unleaded gas" and heating oil and cousin, natural gas. All traded on the NYMEX/GLOBEX exchange.

Weekly Crude Oil Futures chart down below.

Crude oil Futures have been bouncing around between the $35-$36 support and the $40 resistance for the last three weeks. This could be viewed as a rectangle pattern. Rectangles are usually continuation patterns measuring the width and extending it out should take us to about $45. The arrow on the chart shows the level that is being sold in front of the low $42.36. Once we enter this weekly range we could test the high of that bar $47. If we fail to close above this level, we would expect to fail and retest support at $35-36 levels or previous support at $23.

Stay Tuned, have a nice weekend.

Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $8965 initial, $8100 Maint. FRONT MONTH margins are: $9,900 and 9,000 Maint.( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 71.80 to 72.80 ). Min fluctuation is 0.1 = $10 ( Example: 71.80 to 71.81)

Settlement: Physical, deliverable commodity

Months: Monthly cycle, All Months

Weekly Options:YES

Crude Oil is one of my favorite markets for Day Trading because of the intraday voilatility and movements. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering a trade in the crude oil as well as other energies:

1. Longer term view of current market prices

2. Dates and times of important reports. Namely, Tuesday afternoon report (API) and the DOE report on Wednesday mornings at 10:30 Am EST

3. Weather and Seasonality

4. Correlation to US Dollar prices

5. Inflationary prospects

6. Geopolitical Stability

7. U.S. Fiscal and Monetary Stability

Keep in mind that the GLOBEX/NYMEX also offers the mini Crude oil contract which is half the size and may be a good alternative for smaller/ begginer traders.

MINI Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $4950 initial, $4500 Maint. ( as of the date of this newsletter)

Point Value: full point = $500 ( Example: 62.80 to 63.80 ). Min fluctuation is 0.25 = $12.5 ( Example: 61.80 to 61.825)

Settlement: Cash Settled commodity one day prior to the Big Contract

Months: Monthly cycle, All Months

Our brokers here at Cannon will be happy to chat about the crude oil market, other energies, other futures, options, futures spreads and much more! Try a free consultation at any time.

Daily Levels for June 29th

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Weekly Levels for June 29th - July 3rd

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1017

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Day- Trading Alerts via Text Directly to Your Phone FREE TRIAL ($249 value)

3 Weeks FREE TRIAL

The real time trade alerts FREE 3-week trial uses a combination of proprietary information technical studies, trading ALGOS and a few popular indicators for confirmation.

All trades are intended to be day trades and will be complimented with text exits at any time after entry and at the latest by the end of the trading day.

You will receive a text and email each time there is an entry or exit in a simple language along with the current price for that specific market.

Text alerts available to US and Canada residents. Int''l clients will receive the alerts via email.

Real-time trade signals via text available for the following markets:

* Gold, silver, copper, platinum

* mini SP, mini Nasdaq, mini Dow, mini Russell

* Major currenciey pairs

* Wheat, Beans, Soymeal, Bean oil

* Crude oil, RBOB, Heating oil, Natural gas

* 30 year Bonds and 10 year Notes

* Hogs, Cattle

Click here and make sure to provide valid mobile number and email

‌

2. Hot Market Report: Next Round of Stimulus: Where are the 10 year Notes Headed?

By John Thorpe, Senior Brokers

This week’s highlighted Market is 10 yr Treasury Note Futures The US 10 year treasury note market belongs to the "interest rate family" 30 year, 5 year, 2 year notes, the "Ultra bond" and others. All traded on the CBOT exchange.

The open interest in the 10yr note market is dwarfed by few contracts, With a current OI in the front month ZNU20 at 3,452,000 today , this market dominates U.S. Treasury Futures contracts across the yield curve. When the stimulus cash dispersal again increases, we know the Fed will be buying most of the Treasury paper offered through the Thursday weekly auctions. Our U.S. Governments fiscal year end is less than 8 weeks away. Funding through the end of September for a variety of obligations is done through the issuance of new debt. This time of year with greater demand for Govt debt, the price of Ten Yr Notes ZNU20 should continue to increase. It appears this bull is waiting for congress to determine the next round of stimulus, The overnight margin is low relative to the contract size.

Here is a link to the Treasury auction Calendar

Here is a link to the Treasury Auction Results link

Continue watching the size of the weekly Treasury auctions (see this week''s sizes). They''ll be getting bigger. And watch the bid-to-covers on the longer dated issues. The question I ask is will the demand hold up for the longer-dated paper? This from Bloomberg yesterday “ The US Treasury expanded its plans for the issuance of longer-term debt in coming months, after depending mainly on shorter-dated bills to fund the federal government’s record spending surge to address the Covid-19 crisis. The department yesterday said it will issue a record $112bn of securities at next week’s so-called quarterly refunding of maturing Treasuries. Over the three months through October, it will ramp up issuance of nominal coupon-bearing debt by a total of $132bn compared with the previous quarter. The department plans to boost auction sizes across all nominal coupon tenors, with larger increases for the longer-dated securities maturing in seven to 30 years.”

10 yr Treasury Note Futures

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $1705 initial, $1550 Maint. ( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 140 31.5 to 139 31.5 ). Min fluctuation is 0.5 = $15.625 ( Example: 139 31.0-139 31.5) Settlement: Physical Delivery

Months: January, March, May, July, September,December. F,H,K,N,U,Z

Weekly Options:YES

Some of the basic fundamentals to keep in mind when you are considering trading the U.S.10 yr Treasury Note for this matter:

1. Research supply side in major silver producing countries like Mexico, China, and Peru.

2. Follow both the industrial demand and investment demand for silver

3. Focus in macroeconomics not microeconomics

4. Correlation to gold

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Geopolitical Stability

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the silver market, other metals, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily chart for your review from this morning ( August 7th, 2020). This chart was prepared using our FREE E-Futures Int''l software, which you can demo for 28 days with real time data.

Daily Levels for August 10th

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Weekly Levels for August 10th-14th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1025

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Trading Video: How I like to day-trade futures using either counter trend or trend following concepts ( or what I call simpler approach to day trading)

In This 25 Minutes Video You Will Learn The Following:

1. Possible advantages of using range bar charts over time charts for day trading

2. Trade set ups using counter trend indicators

3. Trade set ups using trend following indicators

4. The concept of price confirmation

5. Tips and insights from Ilan''s observations of different markets

6. You will be able to install the indicators/concepts mentioned and practice right away with your own demo!

View Video Instantly "Simple Approach To Day Trading"

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Please enjoy the following:

Open a MICRO trading account with as little as $1000 and still trade with Cannon Trading!

View 8 Steps to Better trading

View Top 50 Trading Rules

View video below on few different ways to "ride the trend" when one develops as well as more insight into using trailing stops.

Daily Levels for Oct. 12th

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

I’ve received some questions about the price limits or circuit breakers we have seen mostly in stock index futures. Hopefully this explains things a bit better:

A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions can occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, they may remain in a limit condition or they may stop trading for the day, based on regulatory rules.

This is for Stock Index futures but keep in mind MANY other markets are experiencing LARGE swings and moves.

Overnight limits (5:00 P.M. – 8:30 A.M., Central Time): the futures contract is limited to a 5% price move up or a 5% price move down, based on the futures contract’s prior day’s settlement price (3:15 P.M., Central Time).

This applies to the main stock index futures contracts available, such as the ES, MES, NQ, etc.

What is so dangerous you may ask?

If you are long an ES during the night session and the market is limit down (5%) you can NOT get out. There is a chance that when the market opens up at 8:30 AM CDT that the market will then go down the 7% limit with out you being able to exit. That means that on certain situations you can lose MORE than you have in your account.

If you don''t understand how the circuit breakers/ price limits work...make sure you call us and talk to a broker at + 1 310 859 9572

This only applies for the overnight session ending at 8:30 A.M. Central Time. At that point, a new set of rules kick in ONLY to the downside....

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

_______________________________________________

I know that over the past few weeks I try to warn traders and open their eyes to the new type of reality we are in. Mostly on the risk side.

It is a whole new environment of trading.

What worked 6 weeks ago most probably not working now as far as trading is concerned.

That being said, the EXTREME volatility does present a few ( few opportunities) for traders who know how to manage trading size and have EXPERIENCE.

If you know how to take a loss.

If you know how to reduce trading size based on volatility.

If you know how to trade spreads ( NQ vs ES?)

If you understand options spreads.

THAN there are some very interesting set ups out there ( STILL with HIGHER RISK than normal). However if none of the above applies to you, the risks outweighs the potential opportunities. - PERSONAL opinion

Daily chart of the VIX ( the volatility index or as I like to call it the "Fear Index) for your review ! Sign up for the FREE trading platform with charts, quotes, indicators and more!

Watch the 40 level basis the April contract!!

Click on chart to enlarge

Daily Levels for March 25th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

WE ARE PLEASED TO ANNOUNCE A TRADETHENEWS.COM TWITTER PROMOTION!!

Trade The News is a leading provider in breaking financial news and analysis - listen to sample audio clip here:

The First

To provide audio news squawks in 1998.

Entering second decade of market

moving analysis.

Depth of Coverage

Professional analysts broadcasting 24 hrs

for American, European and

Asian markets

Diverse Platform Offerings

Audio, text headlines, calendars

and ability to ask questions to analysts

live through platform.

TTN is offering a free two week demo just for following them on Twitter.

To take advantage of this promotion please click on the below link:

TTN Free trial Request

Daily Levels for June 26th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1005

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Trading 101: 5 Big Mistakes Beginners Should Avoid Making

Trading Futures Is A Tough Business, But If You Are One Of The Very Few That Can Succeed, This Could Be A Lucrative Business As Well

Ilan Levy-Mayer | June,2017 |SmallCapPowerI have seen quite a bit since I became a broker in 1998. Some war stories to share about the markets, some crazy moves and much more in between. I was trading futures with clients on the sad Sept. 11th 2001 day when the planes hit and the markets were plunging before they were closed for almost a week. I witnessed the meat contracts making limit up and limit down moves over the years and much more…..

As a commodity broker I have observed MANY traders, many of them were new traders, and this allows me to share with you some valuable observations I hope will help you start your futures trading journey on a much smoother road than most.

Here are the FIVE CRUICIAL MISTAKES you need to avoid!

....Read More by clicking here

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: Bitcoin Futures Almost Double in 2 Months

By Joe Easton, Senior Broker

This week’s highlighted Market is Bitcoin Futures.

Bitcoin is categorized as a member of the Indices sector of commodities futures contracts, along with the E-mini and Micro E-mini indices, the VIX, foreign indices such as the German DAX, the U.K.’s FTSE and others. It’s considered an index because it’s based on several bitcoin spot price settlements at their respective bitcoin exchanges. The futures contract is traded on the CME exchange.

At press time, the current front month for the Bitcoin futures contract is May (month code symbol: K). The May futures contract is currently trading ±$10,065, breaking the $10,000 threshold for the first time since February. In the news helping the rally, billionaire hedge fund manager Paul Tudor Jones called Bitcoin the “fastest horse,” in his efforts to hedge against inflation and that his Bitcoin holdings may now be as much as a low single-digit percentage of the futures contracts’ entire assets. Stay tuned for next week to see where we open Monday morning.

Weekly chart of Bitcoin Futures for your review from this morning ( May 8th, 2020). Bitcoin futures is usually volatile enough for both day trading and swing trading but volume is still on the lower side. Before trading Bitcoin futures you need to be approved by your broker and sign additional risk disclosures.

The information in this article is for educational purposes only.

Access a free trial to our FREE platform for 28 days with real-time data.

Bitcoin Futures Specs

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $20000 initial, $18000 Maint. ( as of the date of this newsletter)

Point Value: Outright: 5.00 per bitcoin=$25.00 Settlement: Cash Setteled

Months: Monthly contracts listed for 6 consecutive months and 2 additional Dec contract months. If the 6 consecutive months includes Dec, list only 1 additional Dec contract month.

Weekly Options:NO

Some of the basic fundamentals to keep in mind when you are considering trading Bitcoin Futures for this matter:

1. Correlation to US dollar

2. Correlation to US Stock Market

3. US Fiscal policy

4. Relation to interest rates

5. Most important...value of the different Cryptocurrenceis

Our brokers here at Cannon will be happy to chat about Bitcoin Futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Levels for May 11, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Are precious metals expensive?

Watch this video by the small Exchange talking about the precious metals complex.

Big things at the Small Exchange!!

Small Precious Metals combines and weights the three most popular metals by global production, US consumption, and trade volume to give you one comprehensive perspective.

Click here to see the products available to trade on the small exchange.

Try a demo with Small exchange products.

Open a live account to trade the small exchange products and other futures.

Daily Levels for July 7th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1003

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Trading 102: Resources to help you navigate these turbulent times

Important NOTE: With The Recent Volatility Across Markets, We Have Seen Margins Increase In Some Markets As Well As Wild Swings And Extreme Volatility In Many Markets. For Some, It Can Cost The Full Account Value But Doesn’t Need To. These Volatile Times Require MAJOR Adjustments In How You Approach Trading And Risk Management. The Resources Below Can Help:

About limit moves and circuit breakers

About negative crude oil prices

Expect the unexpected

View 8 Steps to Better trading

View Top 50 Trading Rules

Complete your Trader''s Profile

Request a Commissions Quote

Request a Margins

Ask us a Question

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: Crude Oil Futures...Negative Prices and more

By Ilan Levy-Mayer, VP

This week’s highlighted Market is Crude Oil. Crude Oil is part of the energy sector along with "it''s" brothers "RBOB - Unleaded gas" and heating oil and cousin, natural gas. All traded on the NYMEX/GLOBEX exchange.

Back on January 8th, 2020, West Texas Crude Oil reached $65.65 per barrel on news that Iran fired more than a dozen ballistic missiles at two Iraqi military bases housing US troops in retaliation for the US targeted killing of top Iranian military commander Qasem Soleimani. Four months later – and for the first time ever – the price of crude oil for May delivery traded below zero, closing on Monday at -$37.63 per barrel. So much has been written about crude oil trading to a negative value, so I won’t waste more space on that, however here are some pointers I like to make:

1. The margins have more than doubled these past few weeks and many clearing houses will even ask for 200% margins if you trade the front month.

2. Volatility is EXTREME, make sure you know what you are doing, know the rules and understand the environment. There is a big difference in the way the front active month trades compared to the back months.

3. If you’ve never taken physical delivery of crude oil and all of a sudden this idea has sprouted in your brain, take heed. Don''t think you can get set up for that scenario in short order – in case June repeats the same behavior. Taking delivery of crude oil requires a rather lengthy set-up process. The minimum account balance required to be in place: $1,000,000 ( with us anyway ). You also will be required to be set up with a licensed storage facility, provide verifiable shipping logistics and be approved by certain FCM’s and the exchange

4. This is the type of trading environment where an experienced broker can assist you by suggest strategy ideas such as placing hedges, incorporating options, implementing spreads and much more.

To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

On a different note, Crude Oil futures are fastly becoming one of the more popular contracts for day-trading as volatility, speed, price fluctuations are all there for the double edge sword, day-traders love.

Keep in mind that the GLOBEX/NYMEX also offers the mini Crude oil contract which is half the size and may be a good alternative for smaller/ begginer traders.

MINI Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $4150 initial, $3850 Maint. ( as of the date of this newsletter)

Point Value: full point = $500 ( Example: 62.80 to 63.80 ). Min fluctuation is 0.25 = $12.5 ( Example: 61.80 to 61.825)

Settlement: Cash Settled commodity one day prior to the Big Contract

Months: Monthly cycle, All Months

Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $9300 initial, $8500 Maint. ( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 71.80 to 72.80 ). Min fluctuation is 0.1 = $10 ( Example: 71.80 to 71.81)

Settlement: Physical, deliverable commodity

Months: Monthly cycle, All Months

Weekly Options:YES

Crude Oil is one of my favorite markets for Day Trading because of the intraday voilatility and movements. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering a trade in the crude oil as well as other energies:

1. Longer term view of current market prices

2. Dates and times of important reports. Namely, Tuesday afternoon report (API) and the DOE report on Wednesday mornings at 10:30 Am EST

3. Weather and Seasonality

4. Correlation to US Dollar prices

5. Inflationary prospects

6. Geopolitical Stability

7. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the crude olil market, other energies, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Levels for April 27, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Why I like to use tick and volume charts for scalping

Today I decided to touch more on an educational feature rather than provide a certain market outlook.

Many of my clients and blog readers know that when it comes to short term trading I am a fan of using volume charts, tick charts, range bar charts and Renko charts rather than the traditional time charts like the 1 minutes, 5 minutes etc.

My rule of thumb is that if you as a trader make decisions based on charts that are less than 15 minutes time frame, it may be worth your time to research, back test and do some homework as to potentially using other type of charts like volume charts , Range charts etc.

Volume charts will draw a new bar once a user defined number of contracts traded. Example mini SP 10,000 volume chart will draw a new bar once 10,000 contracts traded.

Range bar charts will draw new charts once price action has exceeded a user pre define price or ticks range. Example might be an 18 ticks range bar chart on crude oil.

While the volume charts rely ONLY on volume, the range bar charts rely ONLY on price action.

Their main advantage over traditional time charts is twofold in my opinion:

1. If the market is moving fast, reports came out or there is heavy volume in the market, the traditional 5 minute chart will need 5 minutes to complete the next bar before it provides you with a signal...if you day traded futures before you will know what 5 minutes can do....The volume charts or range bar charts in this case will complete the bars MUCH faster because there is strong price action and strong volume and will be able to provide a signal faster than the time charts.

2. On the flip side, there are times when the market is dead...low volume, sideways, choppy action. If you are using the 3 minute chart and a moving avg. cross over, you may get a signal simple because time has passed and the moving averages crossed even though the market is pretty dead....If you are using a volume chart and the market is slow...it will take a while for the bars to complete and hence it may filter out some "noise" in the market.

Below are a couple chart examples of volume and range bar charts. If you like a free trial to the "turning points indicators" highlighted in the charts below or to discuss more in depth different charts and strategies, feel free to visit us!

10,000 volume bars on the ES from today, click on the chart for larger image

19 ticks Range Bar chart on the crude oil from today, click on chart for larger image and if you like to try the trading platform along with the indicators on free trial basis, click here!

Daily Levels for June 5th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1018

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Trading 102: Video on Few Ways to Trail a Stop

In this 3 minutes video, Ilan Levy-Mayer of Cannon Trading shares a recent trading example with silver futures and a few different ways to use a trailing stop.

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to trading. The second type of education is ongoing: learning about trading techniques, the evolution of markets, different trading tools, and more. The following 2 videos are part of this ongoing education. Enjoy!

Click here to view the Trading Educational Video

2. Hot Market Report: Small Exchange Precious Metals Index

By Ilan Levy-Mayer, VP

This week’s highlighted Market is Small Precious Metals Index. Small Precious Metals combines gold, silver, and platinum relative to their consumption, production, and volume, so you trade the developments that matter most in a changing metals market.

The Small Exchange is a relatively new exchange with a unique approach and concept: Gain exposure to popular markets with standardized tick values and expiration dates on the Small Exchange. This brand new exchange joins the benefits of trading futures like capital efficiency, with the accessibility of the stock market. Learn why Smalls are a simple yet exciting addition to your trading plan

The Smalls Metals Index MIGHT be a good way for certain clients who are looking to trade the metals complex with out the need for the larger margins involved with trading gold, silver and platinum. Some advantages: • Small size compared to existing futures (with smaller margins) • Simple contract specs ($1 whether you''re trading precious metals or foreign exchange, same expiration date too) • Standard and relevant construction so on days when silver is quiet you have exposure to gold and platinum and vice versa.

120 minute ( 2 hours chart) Chart of the Smalls Metals index Futures for your review from this morning ( Aug 14th, 2020).

The next resistance is $80.56 and $82.23. Immediate support at: $77.10 and $75.08

To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

SPME ( some platforms called SPRE) Futures Specs

Hours: 07:00 AM to 4:00 PM Central Time

Margins: $440 initial, $400 Maint. ( as of the date of this newsletter)

Point Value: full point = $100( Example: 26.80 to 27.80 ). Min fluctuation is 0.01 = $1 ( Example: 26.81 to 26.82)

Settlement: Cash Settelment third Friday of every month

Months: Monthly cycle, All Months

Weekly Options:NO

Some of the basic fundamentals to keep in mind when you are considering trading the metals Index for this matter:

1. Research supply side in major silver producing countries like Mexico, China, and Peru.

2. Follow both the industrial demand and investment demand for silver

3. Focus in macroeconomics not microeconomics

4. Correlation to gold

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Inter market relationship between gold, silver and platinum

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the Small Exchange Metals Index, other metals, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Levels for August 17th

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Weekly Levels for August 17th-21st

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Which way should I attack the market?

I am asked this question often and I wish I had a clear cut mathematical formula to share that answers the question....I don''t but I do have a few tips/ ideas:

Look at the daily chart to see which way is the momentum?
Take a look at the 120 chart and use indicators you have confidence in along with support and resistance levels to decide if you have a certain direction to attack the market from or if you have no bias on any given session?
Look for action around major levels ( previous day high/lows, opening price and such) to observe who''s hand is on top? the bulls or the bears?

Two charts below to illustrate the points, first is a daily chart and the second a 120 minute chart, both of the mini SP 500.

Using oscillators I learned to have better than 50% confidence along with moving average, volume and momentum I created conditions to mark the colors of the bars.

Green colors means I should look to attack more from the long side, red bars mean I should look to attack more from the short side.

Black bars are neutrals. Attack both sides with the same "weight".

If you look at the second chart, the 120 minute one you will see that it has been either long or neutral since May 26th....to learn more or inquire more about the concept visit our website.

ES Daily Chart

ES 120 minute Chart

Daily Levels for June 3rd

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Trading 201: Enhance Your Trading With a Series of Short Videos

Watch the latest trading videos we’ve created and shared with our clients!

In this week''s newsletter we are sharing some videos on trading, each a few minutes long. The videos discuss practical tips for trading and sharing our experience with you. Whether you’re an experienced trader or a newcomer, we believe you can enhance and add something new to your trading after watching these videos. Enjoy!

1. Using Bollinger Bands as a possible tool for exiting trades

2. One way you can use the Parabolics study ( also known as PSAR) to manage your trades, possibly by integrating a trailing stop

3. Different ways traders can utilize support and resistance levels in their trading.

4. Entering trades on a stop, using "price confirmation".

5. Utilizing Range Bar charts for shorter term trading as a way to try and filter out some noise.

6. How to identify support and resistance levels

7. Using fear and greed to day trade crude oil futures.

WATCH VIDEOS NOW

Stay safe out there both physically and in the markets....

Daily Levels for April 20th

WEEKLY Levels for April 20th-24th

Weekly NQ (mini NASDAQ 100) chart below for your review as we tested the 75% retracement levels on the volatile spike Thursday night!!!

Sign up for the Trading indicators here! ( red diamond = potential sell, blue arrows=potential buy etc.))

Click on the chart for LARGER IMAGE

Did you know?

Cannon offers full service and broker assist!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Futures Trading 101: Trading Around Economic Reports

There are also a number of different approaches to trading, including day trading, swing trading and position trading. There are strategies that focus on just trading straight futures contracts, others solely trade options, including selling/writing options, still others incorporate long and short positions simultaneously - spread trading - utilizing futures and/or options.

One narrowly defined approach to trading - probably most relevant for day traders - is trading around economic reports.

The release of economic reports occurs almost daily. Most come from the U.S. federal government and look at national or large regional data; some come from other private surveys. Some garner considerable attention by traders; others draw barely a thought, much less a glance at their impact on the markets. This article doesn''t attempt to detail any particular number of them and their significance. Rather, it lists some pointers that can help traders prepare for reports releases.

Know the times reports are set for release
Know which markets reports may impact
Know what the markets are expecting and how different outcomes will affect market movement
Do your homework, i.e., go over charts from earlier dates when similar reports were released.
Keep a journal. Focus on the reports that affect the markets you trade.
More.....

Daily Levels for April 24th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

ELECTIONS MARGINS UPDATE:

Expect the unexpected. Manage risk. Know the rules.

Most of Cannon clearing partners and risk managers have increased margins to full overnight or what we call 100% margins even during the day.

This does NOT apply to all platforms and clearing houses we work with. Some only raised margins for during the night time and some also raised margins through out the day.

Most platforms will have a notice when you login regarding margins.

Cannon offers over 10 different platforms via 5 different clearing houses.

If you are a client who day trades and utilize day trading margins - PLEASE confirm with your broker what are the current margins based on the platform you use and the markets you trade.

We will keep you posted to the best of our ability but make sure to reach out to your broker if you have ANY questions.

JUST IN CASE...an excellent link with information about LIMIT moves, circuit breakers and more.

Managing event risk around the 2020 US election

To help you navigate uncertainty, we take a look at how markets moved in 2016.*

By www.cmegroup.com

Elections and referendums with distinctly divergent market scenarios depending on the outcome of the vote can create significant event risk. That type of event risk is characterized by a binary choice: "A" or "B", with both outcomes have meaningful probabilities such as 50-50 or 60-40. We saw this back in June of 2016 with the Brexit referendum: "Do we stay or do we go?" We also saw event risk in the US Presidential election in November 2016.

Election event risk has the potential to move markets once the outcome becomes known because pre-event, markets typically price the probability-weighted average of the two conflicting scenarios; that is, essentially the mid-point of the post-event scenarios. This means that once the outcome is known, the market will move quickly to the winning scenario.

The charts below depict how the 2016 election impacted multiple products and asset classes, all offered for trading by CME Group.

*Please note, past performance is not indicative of future results

Source: CME Group

In 2016, price volatility spiked eight weeks prior to the election, followed by a downtrend.
In 2016, this downtrend stopped (and reversed course) on election day and in the days after.
Price volatility peaked on election night, and it took approximately 10 business days to revert back to the same levels as 10 days prior to the election.
The expanding trading range pattern prior to the election appears to be following a similar trajectory in 2020.
Despite the similarity in trend, the trading range in 2020 is wider compared to 2016.

Source: CME Group

In Gold, we saw a similar tightening of trading ranges, similar to E-mini S&P 500 and the 10-Year Treasury prior to the election.
In 2016, this downtrend stopped and reversed about 10 days prior to the election and spiked on election night.
Trading ranges of Gold are wider now compared to 2016.

Brent had the following to say:

Years of Excellence

I''ve been with Ilan and Cannon Trading for a number of years now, and wouldn''t trust anyone else for the superior performance, guidance and support they''ve provided me along the way. I highly recommend them for beginner and experienced commodities speculators - I''ve been both with them and they''ve always kept me on course and taken care of.

Read all reviews here.

Open an Account Today

Daily Levels for November 4th 2020

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 10 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: www.BetterTrader.co

All times are Pacific Time ( Los Angles)

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

It feels like a new world out there in so many ways. Trading is one as well....This is a TOTALLY different markets than what we witnessed 6-8 weeks ago, a year ago etc.

Know the rules, understand current margins, know where the circuit breakers are/ limit moves.

CONFIRM MARGINS WITH YOUR BROKER, margins are function of volatility, platform, exchange overnight and other factors and during this volatility, margins can change so if you are not sure - check with your broker!

Figure out your max risk.

After you do all that, feel free to trade but jumping in and trying to trade without the basic knowledge above is like jumping into a stormy ocean without a life vest.....

Here are some EXCELLENT resources to help you navigate these volatile times:

Explanation about limit moves and circuit breakers

A good article about using weekly options

Before you can Thrive, you must survive! Learn to lose

An excellent article about confronting risk

The complete guide to risk and opportunities in futures and options trading - NEW! ( excellent for beginners!)

TRADING VIDEOS

Using overbought/oversold

Bollinger bands

Price Confirmation

More videos!

Daily Levels for April 6th

WEEKLY Levels for April 6th-10th

MONTHLY Live Cattle chart below for your review! Sign up for the Trading indicators here! ( red diamond = potential sell, blue arrows=potential buy etc.))

Click on the chart for LARGER IMAGE

Did you know?

Cannon offers full service and broker assist!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Cannon Futures Weekly Letter Issue # 1011

Day Trading Tips

The following is an excerpt from our daily trading blog which features current support and resistance levels, economic reports and market commentary:

Few pointers for you day-traders out there. I am sure you have heard some from different resources but never hurts to read and absorb this again:

1. Be patient

2. Limit the number of hours you trade

3. Know your DAILY risk before the day begins and this will dictate

the number of contracts you trade

4. Choose markets with high liquidity

5. Know what reports come out every day and their impact on the markets.

6. Understand that even the best methods will have losing days.

7. Learn to accept loses

8. Use RISK CAPITAL only

9. Don''t try to trade and do other things

10. Educate yourself

11. Keep a trading journal

Interested in learning more? View our Daily Trading Blog and sign up for daily emails here

Would you like to get real time trade alerts?

Daily Educational pointers?

Breaking news?

Click here and make sure to provide valid mobile number and email

On a different note, if you are NOT a Cannon client yet, you may want to read this recent review!!

Daily Levels for June 22nd

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1025

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Day Trading 202: Tight Stops? Wide Stops? Which One Should I Use?

Entry Signals Are Very Important But Just As Important If Not More Is Trade Management.

By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP

This article was published on FinanceMagnates.com back a couple years ago but is definitely a timeless article.

Today I decided to touch more on an educational feature rather than provide a certain market outlook. Many of my clients and blog readers know that when it comes to short term trading I am a fan of adjusting your trading technique/ game plan according to your assessment of the type of trading day that is developing in front of you.

Many new and advanced traders spend HOURS on looking for entry signals. Back testing historical data, creating algorithms to use and much more. I know. I am one of these traders.

Trade management consists of many factors. Some are psychological and some are more mathematical and many are in between. Some of the basic elements of trade management before even entering the trade are: What will my stop loss be**? will i use a stop loss**? What will my target be? will I use a target or just trail the trade if it goes my way?

Finishing Reading the Article by CLICKING HERE

2. Hot Market Report: Corn Futures Breaking above $4 per Bushel

By Joe Easton, Senior Broker

This week’s highlighted Market is Corn. Corn futures are part of the GRAINS family which includes 4 types of Wheat, Soybean, Soymeal, Oats, Rough Rice and Bean Oil. All traded on the CBOT/GLOBEX exchange.

This week ZC- Corn Futures has made a new high for 2020! Based on the attached chart, Corn exceeded the highs in January 2020 of 4.05 and is trading currently over those highs at 4.06. This could be the beginning stages of a reversal. On longer term charts, you can clearly see we have been in a range between low $3s and mid $4s since our first low in September 2014 of 3.22. We hit a new low in August 2016 of 3.15 and finally a third low April this year at 3.01. This patterns somewhat resembles a descending wedge. You can see a strong move up, breaking a down sloping trendline. The next resistance is the previous highs from June 2019 of 4.60. Previous to that would be May 2015 of 5.20. Dropping back below the $3.50 support could invalidate the trend change.

December corn traded up to the highest level since January 15. In the wake of their earlier-season purchases, China is seen to continue being an aggressive buyer further into this season. There’s also talk that this season’s yield will come in a bit lower than the current USDA record high forecasts. This has helped trigger strong buying across the board. Outside forces that typically curb price increases – the strong U.S. dollar and weak energy prices – have had little effect this late in the season.

Corn Futures Specs

Hours: 7:00 PM to 1:20 PM next day PM Central Time

Margins: $935 initial, $850 Maint. ( as of the date of this newsletter)

Point Value: full Cent = $50.00 ( Example: $3.60 to $3.61/bu ). Min fluctuation is 2/8ths of a cent = $12.50 ( Example: 3.60 -3.602)

Settlement: Deliverable, FND is last business day preceding the contract month

Months: March (H), May (K), July (N), ,September (U), December (Z)

Weekly Options: YES

The corn market has good volume and can be traded outright in intra and inter market spreads, swing trading, using options and more.

Some of the basic fundamentals to keep in mind when you are considering trading ZC ( corn)

1. Longer term view of current market prices

2. Dates and times of important reports. WASDE, Planting intentions, Crop progress

3. Weather

4. Global Political situation (food often used as a weapon in trade)

4. Dollar strength or lack of, Brazilian Real value

Our brokers here at Cannon will be happy to chat about the Corn market, other grains, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for October 19, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Quadruple witching tomorrow....

Futures, futures options, stock options and single stocks all expire tomorrow morning right on the open of the stock market.

Keep in mind that September mini SP and it''s relatives ( mini Dow, mini Nasdaq etc.) EXPIRE tomorrow and cash settle based on special settlement price....Markets can get volatile tomorrow morning right before and around the open.

The September contract will simply cease to trade. If you have not switched to December yet, now is the time.....

Know the rules, understand current margins, know where the circuit breakers are/ limit moves.

Figure out your max risk.

After you do all that, feel free to trade but jumping in and trying to trade without the basic knowledge above is like jumping into a stormy ocean without a life vest.....

US Dollar: Buy or Sell?

The path for USD has been rocky since its highs of mid-March, but the degree of rockiness depends on the path you’re taking. Continued complications around Brexit have now sent the pound (GBP) lower against the dollar on the year, while the euro’s (EUR) take on this news has been mostly bullish. Then there’s the yen (JPY) that is trying to find out what exactly Japan’s new prime minister, Yoshihide Suga, might mean for the BOJ.

Euro-Pound Push and Pull

If the trend around Brexit continues, then the pound and euro will cancel each other out and leave little in the way of a US Dollar reaction; and the same goes for this one-off news story that’s specific to Japan and its currency. So what will move the dollar?

What Will Move the Dollar?

Interest rates are still hugging 0%, which makes the next move either into negative territory or higher to normal ranges. Those thinking the former is in play might look at a bearish Small US Dollar (SFX) futures position, while those in the latter group could employ their ideas by trading the dollar from the long side. Finally, the upcoming election creates potential for USD movement. The election of Donald Trump, a republican, on November 8, 2016, was met by a 1% rally in the dollar the following day and a 6% rise for the rest of the year. SFX could see some volatility as November nears.

© 2020 Small Exchange, Inc. All rights reserved. Small Exchange, Inc. is a Designated Contract Market registered with the U.S. Commodity Futures Trading Commission. The information in this advertisement is current as of the date noted, is for informational purposes only, and does not contend to address the financial objectives, situation, or specific needs of any individual investor. Trading futures involves the risk of loss, including the possibility of loss greater than your initial investment.

Mike had the following to share:

Hands down the best service of all the…

Hands down the best service of all the brokers I have dealt with. Very pro active in anticipating a client''s needs from setting up an account to support with a trading platform. Joe has been great to deal with. He knows how to build customer loyalty.

Open an Account Today

Daily Levels for September 18th 2020

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 10 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: https://BetterTrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1006

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Trading 201: Using Tick/Volume charts and Oscillators for Scalping

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

I really don''t think anyone has found a "perfect way" to day-trade.

Different techniques work well in different market environment.

In this week short educational feature, I will touch on one technique you can add to your trading arsenal. This technique works better on choppy, two sided way and/or volatile markets. It does NOT work well when the market has a strong trend.

The chart below illustrates a few principals I like:

It uses a tick chart rather than a time chart. I like tick charts (range bar, volume charts, renko) 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 a 5 minute 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 during periods where there are lots of movement, 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.
The other part for this trading approach is to use overbought/ oversold indicators in an attempt to catch exhaustion in selling or buying and catch the counter trend move. Sometimes that move will be minor, sometimes it will be a trend reversal and at other times just a little pause in a strong trend....no crystal balls here, just another tool to observe and consider in your trading. In the PDF you will see the same indicators, same market, same time frame BUT using different type of charts.....

....To Read the Rest of the Article, view video CLICK HERE

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: Crude Oil Futures...More Volatility Ahead?

By Ilan Levy-Mayer, VP

This week’s highlighted Market is Crude Oil. Crude Oil is part of the energy sector along with "its" brothers "RBOB - Unleaded gas" and heating oil and cousin, natural gas. All traded on the NYMEX/GLOBEX exchange.

Last trading day for June Crude Oil is Tuesday, May 19th. The CFTC has issued a staff advisory indicating that the June WTI contract expires on 5/19/20 and could go to negative pricing along with various other contracts. The markets are expected to be volatile with low liquidity and the closer to expiration the harder it may be to get out of positions. So much has been written about crude oil trading to a negative value, so I won’t waste more space on that, however here are some pointers I like to make:

1. The margins have more than doubled these past few weeks and many clearing houses will even ask for 200% margins if you trade the front month.

2. Volatility is EXTREME, make sure you know what you are doing, know the rules and understand the environment. There is a big difference in the way the front active month trades compared to the back months.

3. If you’ve never taken physical delivery of crude oil and all of a sudden this idea has sprouted in your brain, take heed. Don''t think you can get set up for that scenario in short order – in case June repeats the same behavior. Taking delivery of crude oil requires a rather lengthy set-up process. The minimum account balance required to be in place: $1,000,000 ( with us anyway ). You also will be required to be set up with a licensed storage facility, provide verifiable shipping logistics and be approved by certain FCM’s and the exchange

4. This is the type of trading environment where an experienced broker can assist you by a suggested strategy and ideas such as placing hedges, incorporating options, implementing spreads and much more.

The information in this article is for educational purposes only.

To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

On a different note, Crude Oil futures are fastly becoming one of the more popular contracts for day-trading as volatility, speed, price fluctuations are all there for the double edge sword, day-traders love.

Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $9500 initial, $8600 Maint. FRONT MONTH margins are: $13,200 and $12,000 Maint.( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 71.80 to 72.80 ). Min fluctuation is 0.1 = $10 ( Example: 71.80 to 71.81)

Settlement: Physical, deliverable commodity

Months: Monthly cycle, All Months

Weekly Options:YES

Crude Oil is one of my favorite markets for Day Trading

Some of the basic fundamentals to keep in mind when you are considering a trade in the crude oil as well as other energies:

1. Longer term view of current market prices

2. Dates and times of important reports. Namely, Tuesday afternoon report (API) and the DOE report on Wednesday mornings at 10:30 Am EST

3. Weather and Seasonality

4. Correlation to US Dollar prices

5. Inflationary prospects

6. Geopolitical Stability

7. U.S. Fiscal and Monetary Stability

Keep in mind that the GLOBEX/NYMEX also offers the mini Crude oil contract which is half the size and may be a good alternative for smaller/ beginner traders.

MINI Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $4750 initial, $4350 Maint. ( as of the date of this newsletter)

Point Value: full point = $500 ( Example: 62.80 to 63.80 ). Min fluctuation is 0.25 = $12.5 ( Example: 61.80 to 61.825)

Settlement: Cash Settled commodity one day prior to the Big Contract

Months: Monthly cycle, All Months

Our brokers here at Cannon will be happy to chat about the crude olil market, other energies, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Levels for May 18, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

I know that over the past few weeks I try to warn traders and open their eyes to the new type of reality we are in. Mostly on the risk side.

It is a whole new environment of trading.

What worked 6 weeks ago most probably not working now as far as trading is concerned.

That being said, the EXTREME volatility does present a few ( few opportunities) for traders who know how to manage trading size and have EXPERIENCE.

If you know how to take a loss.

If you know how to reduce trading size based on volatility.

If you know how to trade spreads ( NQ vs ES?)

If you understand options spreads.

THAN there are some very interesting set ups out there ( STILL with HIGHER RISK than normal). However if none of the above applies to you, the risks outweighs the potential opportunities.

LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html

This is for Stock Index futures but keep in mind MANY other markets are experiencing LARGE swings and moves.

Overnight limit, can''t trade below but can trade above.

-5%

Intra day

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Daily chart of the NQ versus the ES chart for your review ! Sign up for the indicators here! ( red arrow = potential sell)

Click on chart to enlarge

Daily Levels for March 24th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Why I like to use tick and volume charts for scalping

I got asked quite a bit of questions on the feature I wrote about last week which you can read in depth here.

So I decided to put together a quick video to visualize the concept.

Tomorrow we have both FOMC and Crude Oil numbers, be aware!

Trading Video: Using the Diamond Signal and 10000 volume chart to trade the ES - REAL TIME example.

Click on image below to watch the video

Daily Levels for June 10th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1027

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

MARGINS UPDATE:

Upcoming elections fear, COVID resurge and other factors really helped spike up volatility.

Most of Cannon clearing partners and risk managers have increased margins to full overnight or what we call 100% margins even during the day.

This does NOT apply to all platforms and clearing houses we work with. Some only raised margins for during the night session and some also raised margins through out the day.

Most platforms will provide a notice when you login regarding margins.

Cannon offers over 10 different platforms via 5 different clearing houses.

If you are a client who day trades and utilize day trading margins - PLEASE confirm with your broker what are the current margins based on the platform you use and the markets you trade.

During this Time:

*Expect the unexpected...

* Have an idea of what you are looking to do, keep in mind possible risk and have a game plan. Now more than ever, plan your trade and than trade your plan!

* Think money management, hedging risk while you are still trying to figure out how to profit.

Try to use preset brackets/ automated stops and limits etc. if you are able to with your software.

* Know what is going on, reports, current margins, current limits and more.

*Trade smaller. The bands are much larger. Watch the VIX. MICROS and smaller sized contracts like mini Silver and mini crude are good alternatives.

* DO NOT assume anything...if you are not sure, contact us and we will try our best to assist with the combined, vast experience we have here as a team.

* Wash hands, take this seriously and do your best to stay healthy....

Circuit Breakers:

I’ve received some questions about the price limits or circuit breakers we have seen mostly in stock index futures. Hopefully this explains things a bit better:

A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions can occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, they may remain in a limit condition or they may stop trading for the day, based on regulatory rules.

This is for Stock Index futures but keep in mind MANY other markets are experiencing LARGE swings and moves.

Overnight limits (5:00 P.M. – 8:30 A.M., Central Time): the futures contract is limited to a 7% price move up or a 7% price move down, based on the futures contract’s prior day’s settlement price (3:15 P.M., Central Time).

If PRICE LIMITS hit 7% up or down and trading will cease until the NYSE cash market opens at 8:30am Central Time.

This is for Stock Index futures but keep in mind MANY other markets are experiencing LARGE swings and moves.

Overnight limits (5:00 P.M. – 8:30 A.M., Central Time): the futures contract is limited to a 7% price move up or a 7% price move down, based on the futures contract’s prior day’s settlement price (3:15 P.M., Central Time).

Further, if a contract market moves beyond +/- 3.5% within an hour during the overnight session, trading will be paused for two minutes.

If PRICE LIMITS hit 7% up or down and trading will cease until the NYSE cash market opens at 8:30am Central Time.

This applies to the main stock index futures contracts available, such as the ES, MES, NQ, etc.

What is so dangerous you may ask?

If you are long an ES during the night session and the market is limit down (7%) you can NOT get out. There is a chance that when the market opens up at 8:30 AM CDT that the market will then go down the 13% limit without you being able to exit. That means that on certain situations you can lose MORE than you have in your account.

If you don''t understand how the circuit breakers/ price limits work...make sure you call us and talk to a broker at + 1 310 859 9572

This only applies for the overnight session ending at 8:30 A.M. Central Time. At that point, a new set of rules kick in ONLY to the downside.

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Trading 101: One of the Most Important (and often overlooked....) Aspects of Day Trading - Learn to Accept Losses

(I think this is a very important read during this time.)

I am frequently asked, (and many times I ask myself) about the keys to trading success in general and futures trading in specific. The list is long and, to be honest, it is not an exact science.

Successful trading is a mix of art and math, personality and discipline and much more in between. I have seen many different ways to make money in the futures and commodities world. I saw and still see clients trade and make money.

Yet, the list of clients who lose money is bigger than the ones who make money....Why?

Please click here to read the rest of the article

Dow Jones Industrial Avg. Cash Index WEEKLY chart below. Notice the levels and notice the turning up in volatility on bottom of the chart.

To access a free trial to the ALGOS shown in the chart along with other tools, visit and sign up for a free trial for 21 days with real-time data.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for November 2, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1018

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Why do most futures traders lose money and what you can do to improve your odds?

Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.

*Reasons why most traders lose

*Looking at tools you can utilize and improve your odds

*Review different methods/concepts of trading

*Ilan shares many tidbits that can help variety of traders

*Ilan answers questions

Please click to watch the recorded 45-minute webinar which in our opinion contains some of the most valuable advise both new and advanced traders can utilize

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for August 24th, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Today I wanted to touch base on a topic other than market tactics, technical analysis and other trade education.

Today I want to ask you, if you are not a current client of Cannon trading, do you feel the same way about your broker??

Please see a few recent reviews below:

Mike recently wrote -

Hands down the best service of all the…

Hands down the best service of all the brokers I have dealt with. Very pro active in anticipating a client''s needs from setting up an account to support with a trading platform. Joe has been great to deal with. He knows how to build customer loyalty.

Jonathan wrote the following a few days before Mike:

#1 Commodity Brokerage

This is the best commodity brokerage I have found! Low commissions and margins. Fast to pick up the phone and always get back to me with all my questions. I have been trading for 15 years now and this is the only brokerage I have ever recommended to my friends and family.

Leo had the following to share:

Remarkable service!

Remarkable service. I''m in control of my account but I am also being guided by expert advice from an experienced professional. This is what I''ve been looking for!

There are many more verified (mostly positive reviews) you can read and browse here.

My question to you is can you say the same about your current broker??

If not, find out on how you can get started with Cannon Trading today!

Daily Levels for July 28th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1032

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Rollover notice: Front month for stock index futures ( es/ym/nq/micros etc.) as well as currencies is now MARCH.

Free eBook:

Opportunities and Risk, an Educational Guide to Trading Futures and Options

93 page PDF eBook available for instant download

*Learn about futures basics

*Learn about options basics

*Margins and margin calculations

*Spreads

*Options spreads and calculations

*Trading Strategies

*Regulations

*Much More!

Download free eBook Instantly

NASDAQ 100 Futures

Daily chart of NASDAQ100 futures ( NQ and the MICRO MNQ) below for your review.

March is now the FRONT month. NQH21.

While volatility is not as high as it was in March / April, we are still witnessing very large moves both ways.

Current trend is up but market looks a bit overbought and ready for a possible correction. Please see chart for potential support and resistance levels.

With the high volatility we are seeing, I would highly recommend looking at the MICRO contracts including the MICRO NQ which is 1/10th the size of the mini NASDAQ. The symbol is MNQ and you can read more about the MICROS here.

To access a free trial to the ALGOS shown in the chart along with other tools, visit and sign up for a free trial for 21 days with real-time data.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for December 14, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1016

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Day Trading Mind Traps

"One way our brain helps keep us safe is to protect us from an awareness of our weaknesses. The brain believes that it is better to be falsely confident than recognize the real risks. This protective mechanism tends to work against us in trading." Kenneth Reid, Ph.D

MINDING THE MIND

The mind can play tricks on us. Intuitive Trading is an attempt to mind read the market, which makes us susceptible to whipsaws. Hindsight Bias causes traders to underestimate the difficulty of trading, while Competency Bias causes us to over-estimate our abilities. These are mental banana peels that set us up for a fall.

INTUITIVE TRADING

Intuitive trading is a natural response to excessive randomness and non-linearity in the market. But making informed guesses is not the same as formulating a rule-based pattern-recognition system that gives a trader a true edge. Without a rule-based plan, intuitive traders expend a great deal of energy mindreading the market, which will not improve your odds of success. In fact, professional traders make a good living exploiting the emotionally-driven behavior of intuitive amateurs.

....Read More by clicking here

Precious Metals: ETFs vs Futures

By The Small Exchange

Gold is hanging around its most expensive prices since futures on the commodity started trading almost half a century ago in 1974. While the price levels have increased, the action around gold has not. Volatility has only risen slightly in gold products, and it is in fact still below its historical average. As gold feels out new highs in a more calculated manner, its metallic companion silver has almost doubled in volatility.

Whether it’s by price extremes or large moves, the curiosity of many stock traders is piqued. But those familiar with stocks may have a hard time finding the right precious metal product to speculate on since the choices vary widely in exposure, size, and look.

Metals or Mining Stocks?

Exchange-traded funds (ETFs) that package stocks in the mining business might be the easiest first venture into metals, but ETFs such as XME and GDX can diverge greatly from the commodity itself. Their correlation to the equity market can push them one way as metals pull them the other creating significant long-term deviations.

Some ETFs that track commodities more closely, like GLD and SLV, can be heavy on capital usage. For example, the shares needed to see daily movement in an SLV position greater than $50 would cost between $1,000 and $2,000. These expensive ETFs make large returns on capital difficult to attain.

Capital Efficiency at What Cost?

Futures contracts on gold and silver can offer large fluctuations for smaller capital requirements than stocks and ETFs, but traditional metal futures such as /GC and /SI can be too large for the everyday investor. Both markets have seen daily moves exceeding $2,000 just in the last week, and silver futures have made multi-thousand dollar moves a regular event.

New futures products like Small Precious Metals (/SPRE) present smaller investors the capital efficiency of futures at a more manageable rate than traditional products. The product moves close to $100 on the average day, and its initial margin is usually around a few hundred dollars. Also, it combines gold and silver into the same product, so you don’t have to decide on which precious metal to trade.

Trade the "Smalls" in demo

Open a trading account and trade the "Smalls"

Daily Levels for August 3rd

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Weekly Levels for August 3rd-7th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1021

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Rollover notice - Start trading DECEMBER currencies, Stock Index futures, Financials, Metals and other markets. Check with your broker

On this the 19th anniversary of 9/11, we remember and honor the lives of those lost and their families. We thank all the front-line responders for their heroism. May the healing continue and may there be peace.

1. Day- Trading Alerts via Text Directly to Your Phone FREE TRIAL ($249 value)

3 Weeks FREE TRIAL

The real time trade alerts FREE 3-week trial uses a combination of proprietary information technical studies, trading ALGOS and a few popular indicators for confirmation.

All trades are intended to be day trades and will be complimented with text exits at any time after entry and at the latest by the end of the trading day.

You will receive a text and email each time there is an entry or exit in a simple language along with the current price for that specific market.

Text alerts available to US and Canada residents. Int''l clients will receive the alerts via email.

Real-time trade signals via text available for the following markets:

* Gold, silver, copper, platinum

* mini SP, mini Nasdaq, mini Dow, mini Russell

* Major currenciey pairs

* Wheat, Beans, Soymeal, Bean oil

* Crude oil, RBOB, Heating oil, Natural gas

* 30 year Bonds and 10 year Notes

* Hogs, Cattle

Sign up by clicking here and make sure to provide valid mobile number and email

2. Hot Market Report: Will USDA WASDE change the Bean Oil Trend?

By John Thorpe, Senior Broker

This week’s highlighted Market is Bean Oil futures. Bean Oil is part of the grains sector along with "it''s" brothers soybeans, corn, oats, soymeal, wheat, Kansas City Wheat. Most traded on the CBOT exchange.

About 5 weeks ago I highlighted the ZLZ20 December CBOT Soybean Oil markets bullish trend with ”the Guiding Hands” reference “lifting” the trend. Today , on the precipice of the Monthly USDA WASDE report I thought it would be fun to see where this market is now and where it may likely be headed. Last month, I mentioned some fundamental truths that may be impacting this trend as those are still in place. China can also fulfill it’s phase one trade deal obligations/food security needs of soybean purchase through the by products as well, such as edible bean oil and bean meal in addition to bulk Soybean purchases. A weaker U.S. Dollar relative to the Brazilian Real equates to higher demand for a dollar denominated Soybean oil supply. What I read from Todd Hultman an analyst at DTN today was “ With FOB soybean prices in Brazil now 53 cents above those at the U.S. Gulf, more U.S. soybean sales are likely.. but it is difficult to know how far China will go with its purchases”

Daily chart of wheat futures for your review from this morning.

To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

Soybean Oil Futures Specs

Hours: 7:00 PM to 1:20 PM next day PM Central Time

Margins: $770 initial, $700 Maint. ( as of the date of this newsletter)

Point Value: Full Point= $600.00 ( Example: $33.10 to $32.10). Min fluctuation is 1/100 of a cent per pound= $6 ( Example: 33.10 -33.11) Settlement: Deliverable, FND is last business day preceding the contract month

Months: 5 monthly contracts of Jan, Mar, May, Aug, Sep and 12 monthly contracts of Jul, Oct, Dec listed annually after the termination of trading in the December contract of the current year

Weekly Options:NO

Some of the basic fundamentals to keep in mind when you are considering trading ZL or other grain contracts:

1. Longer term view of current market prices

2. Dates and times of important reports. WASDE, Planting intentions, Crop progress

3. Weather

4. Global Political situation (food often used as a weapon in trade)

5. Dollar strength or lack of, Brazilian Real value

Our brokers here at Cannon will be happy to chat about the Bean Oil market, other grains, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for September 14th, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

The recent volatility is of historical proportions!

AND Tomorrow is Friday the 13th???

I have a few points to make:

Take a look at the below chart from 2008 of the mini SP, last time I remember volatility close to what we are seeing and you will see that the moves are not a straight line....don''t get over excited if you are long and market bounced your way or vise versa if you are short and the market is limit down....this volatility will play both sides and in MY OPINION this is not a market to just buy and hold using futures....You need to be able to react and adjust positions according to market action and sentiment.
By no means am I trying to imply that we can see a 50% correction like we saw back then BUT have respect for the market and the price action and DON''T try to predict tops and bottoms....
Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
Understand that loses are part of trading and this is definitely not a good time to "fight the markets".
Focus more on risk management and ways to protect certain positions as needed.
Survive to trade another day.

LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html

Overnight limit, can''t trade below but can trade above.

-5%

Intra day

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Some quotes WORTH READING:

As a person who is either trading, or thinking about trading, the first question you must ask yourself is why you want to trade in the first place? Is it for lifestyle, is it for money to help with cash flow, is it for income to live off, is it because you want to control the way you earn your living and who you are responsible to for earning that living? Do you have a higher purpose than existence and survival in mind when you think of trading? For example do you intend that successful trading will provide you with the means to engage in, and design a living, rather than continuing to follow the teachings of conventional wisdom which suggests that making a living is all about survival from one year to the next without ever really getting ahead and achieving freedom?

Paul Counsel

The single biggest mistake that novice traders make is to think that trading is all about making money and it''s no wonder. It''s not hard to find ad after ad that says something like, "you can earn a living through trading", or "earn all the income you want" or "leave your job forever and live off all the money you''ve ever wanted." As your eyes scan these adds they catch words like "freedom", "luxury", "lifestyle", "succeed", "security", "choice" and "wealth" that are typed in bold and liberally peppered throughout. They''ve got you hooked now haven''t they? The strength of their emotional pull is extremely powerful.

Paul Counsel

Successful trading has absolutely nothing to do with making money and everything to do with trading successfully. Making money will only ever be a by-product of successful trading. Successful trading is not a by-product of making money. When you attach trading to money and money to emotions and emotions to money you''ll have taken your first loss but you won''t know it yet.

Paul Counsel

Trading has everything to do with personal psychology, rules, systems, discipline, focus and skill. Like anything else that''s skill based, once you start it takes time and practice to become skilful. Ultimately trading is about making decisions between two choices, to buy or sell. As simple as these two choices are the variables that effect the decisions surrounding them can be as complex as the human mind can make them.

Paul Counsel

As a trader your central focus should be on your system. You should know your system inside out, its strengths and weaknesses. Your system should be comprised of a set of rules that ultimately guide you in making either of two decisions, to buy or sell. You should be able to read your system with respect to market conditions and base your trading choices on what your system is telling you.

Paul Counsel

As a trader you must understand that you''re the weakest link in the system because the complexity will reside with you. Good systems are simple. They are nothing more than a series of instructions called trading rules. The primary thought that should be central in your mind is that it''s the system that makes the money, not you. The more skilled you become at reading market conditions and marrying these conditions to your system the better a trader you''ll be.

Paul Counsel

Wealth creation is an uncertain activity for most people and, to do something without certainty of outcome, takes courage. It takes courage to do what the majority is not doing. It takes courage to overcome scepticism and cynicism. It takes courage to deal with fear and overcome fear barriers.

Paul Counsel

Everything in this world involves risk but by far the greatest risk is staying in your comfort zone because this involves the risks of lost opportunities. The secret to risk lies in knowing how to minimise its impacts on you. If you want to be a successful trader you must become passionate about the learning process. You must become totally focused on trading well as opposed to making money. You must learn from someone who can show you how to trade successfully rather than rely on machines and promises of "golden eggs". You must become absolutely disciplined in the activity of trading.

Paul Counsel

PS: if you like access to the DIAMOND ALGOS shown in the chart above which are a proprietary tool that tries to predict turning points in the market, visit the free trial.

Daily Levels for March 13th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1004

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Day Trading Mind Traps

"One way our brain helps keep us safe is to protect us from an awareness of our weaknesses. The brain believes that it is better to be falsely confident than recognize the real risks. This protective mechanism tends to work against us in trading." Kenneth Reid, Ph.D

MINDING THE MIND

The mind can play tricks on us. Intuitive Trading is an attempt to mind read the market, which makes us susceptible to whipsaws. Hindsight Bias causes traders to underestimate the difficulty of trading, while Competency Bias causes us to over-estimate our abilities. These are mental banana peels that set us up for a fall.

INTUITIVE TRADING

Intuitive trading is a natural response to excessive randomness and non-linearity in the market. But making informed guesses is not the same as formulating a rule-based pattern-recognition system that gives a trader a true edge. Without a rule-based plan, intuitive traders expend a great deal of energy mindreading the market, which will not improve your odds of success. In fact, professional traders make a good living exploiting the emotionally-driven behavior of intuitive amateurs.

....Read More by clicking here

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: Silver Futures Between Major Weekly Levels

By Joe Easton, Senior Broker

This week’s highlighted Market is Silver. Silver belongs to the "metals family": Gold, Silver, Copper, Platinum, Palladium. All traded on the COMEX exchange.

Silver front month “N” for July is at press time trading $14.96 last price. The pit close for Friday and this week is $14.935. The previous resistance of $14.975 from March 26th(yellow arrow) was broken higher on April 6th. Since this time we have traded sideways for almost a month with a recent high of $16.50 on April 14th. Based on the chart pictured this is the first day we have closed below $14.975 since prior to April 6th. This close could lead us to trade back into the previous range from the $11.68 low March 18. Another important support is the recent low close on April 1st of $14.10. Stay tuned for next week to see where we open Monday morning.

Daily chart of silver Futures for your review from this morning ( May 1st, 2020). Silver is "usually" volatile enough and liquid enough to be suitable for both day trading and swing trading. Access a free trial to our FREE platform for 28 days with real-time data.

SILVER Futures Specs

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $9900 initial, $9000 Maint. ( as of the date of this newsletter)

Point Value: full point = $5000 ( Example: 16.80 to 17.80 ). Min fluctuation is 0.05 = $25 ( Example: 16.800 to 16.805) Settlement: Physical Delivery

Months: January, March, May, July, September,December. F,H,K,N,U,Z

Weekly Options:YES

Keep in mind there is a mini silver, 1000 OZ which is 1/5 the size of the main contract. Volume on the mini silver is very light

Some of the basic fundamentals to keep in mind when you are considering trading the Silver for this matter:

1. Research supply side in major silver producing countries like Mexico, China, and Peru.

2. Follow both the industrial demand and investment demand for silver

3. Focus in macroeconomics not microeconomics

4. Correlation to gold

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Geopolitical Stability

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the silver market, other metals, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Levels for May 4, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1026

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Trading Videos: Curious on an indicator that can help you with EXITS? How about using a certain indicator as a trailing stop?

Watch the latest trading videos we have posted and see if you can pick a tip or two on trading smarter!

In this blog entry today we are sharing four videos, each a few minutes long. The videos discuss practical tips for trading and sharing our experience with you

1. Using Bollinger Bands as a possible tool for exiting trades

2. One way you can use the Parabolics study ( also known as PSAR) to manage current positions, possibly as a trailing stop

3. Different ways traders can utilize support and resistance levels in their trading.

4. Entering trades on a stop, using "price confirmation".

5. Utilizing Range Bar charts for shorter term trading as a way to try and filter out some noise.

WATCH VIDEOS NOW

By Ilan Levy-Mayer, VP

This week’s highlighted Market is Natural Gas futures. Natural Gas is part of the energy sector along with its cousins, Crude Oil, RBOB - Unleaded gas and heating oil. All traded on the NYMEX/GLOBEX exchange.

Natural gas is still the nation''s dominant fuel source but democratic presidential nominee Joe Biden touted his $2 trillion clean energy plan seeks to end natural gas use within 15 years. No one knows what the result of the presidential election will be, but in between Nat Gas has seen heightened volatility.

Very volatile market with wild moves recently as well as large intraday trading ranges.

Natural Gas Futures Specs. (this market also offers a mini Nat Gas futures contract which is half the size)

Hours: 5:00 PM to 4:00 PM the following day, Central Time

Margins: $2970 initial, $2700 maintenance ( as of the date of this newsletter

Point Value: full point = $100 ( Example: 404.0 to 405.0 ). Min. price fluctuation is 0.1 = $10 ( Example: 404.1 to 404.2)

Settlement: Physical, deliverable commodity

Months: Monthly cycle, All Months

Weekly Options: YES

Some of the basic fundamentals to keep in mind when you are considering trading the Nat Gas market:

1. Longer term view of current market prices

2. Supply and Demand

3. Seasonality, i.e. heating and cooling cycles

4. Be aware of Thursday morning’s EIA gas storage report at 9:30 AM CDT

Our brokers here at Cannon will be happy to chat about the Natural Gas market, other energies, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Click on Chart Below for Larger Image

To access a free trial to the ALGOS shown in the chart ( DIAMONDS included) along with other tools, visit and sign up for a free trial for 21 days with real-time data.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for October 26, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Yesterday I sent out the blog talking about FOMC today....however with all the craziness out there I forgot that they had the emergency meeting this Sunday instead of today....

Highlights

March 16, 2020

Taking questions from reporters shortly following Sunday''s emergency statement, Jerome Powell said the Federal Reserve''s principal job right now is to "stabilize" the financial markets during the crisis. This he stressed is the Fed''s central concern. A "secondary" concern, Powell said, is the immediate economic fallout which looks to hit the second quarter, after which he said a rebound is likely.

The FOMC voted 9-to-1 to cut the funds target to 0.125 percent with the lower bound of the 25-basis-point range now sitting at zero. Powell said he does not see rates moving negative, and he stressed that fiscal stimulus in conjunction with the Fed''s moves is "critical" right now.

These moves also include a new round of quantitative easing that will see the Fed increase the size of its balance sheet after having brought it down over the past several years, from $4.5 trillion in 2014 and 2015, to a low of $3.5 trillion late last year and back at $4.3 trillion before today''s announcement. The new buying plans, at $500 billion in Treasuries and $200 billion for mortgage-backed securities, do not include buying wider assets, a possibility downplayed by Powell who said is not seeking such authority from Congress.

Yet the Fed Chair didn''t rlue out further direct buying, stressing that the Fed has plenty of power left in its kit of tools -- the full range of which, as demonstrated today, the Fed he said is prepared to use. One of these tools is a rehabilitated discount rate, cut a lopsized 150 basis points to 0.25 discount and no longer well above the funds target. Powell said the Fed is encouraging banks to turn to the discount window which in the past has been a last resort for distressed borrows.

Sunday''s surprise announcement replaces what had been a scheduled meeting on Tuesday and Wednesday. The next scheduled meeting is April 28 and 29.

Going into the impact of the coronavirus, Powell said he economy was on a "sound" footing". He said the virus will hurt US exports and also hold down inflation. This repeats the assessments of the emergency statements: March 3 and today Sunday March 15.

LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html

Overnight limit, can''t trade below but can trade above.

-5%

Intra day

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Daily Levels for March 18th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Big Things at the Small Exchange

SMALL EXCHANGE RESOURCES

A New Way to Trade Equities, Commodities & Forex!

Gain exposure to popular markets with standardized tick values and expiration dates on the Small Exchange. This brand new exchange joins the benefits of trading futures like capital efficiency, with the accessibility of the stock market. Learn why Smalls are a simple yet exciting addition to your trading plan.

New products by a new exchange!!

Contracts are using pricing format like stocks and equities and include the following:

Small Stocks 75 finds the most active stocks from the five major sectors - technology, industrial, energy, financial, material - and adjusts with shifts in the equity environment to give you an engaging stock market at all times.

Small Precious Metals combines and weights the three most popular metals by global production, US consumption, and trade volume to give you one comprehensive perspective.

Small US Dollar is priced directly to the dollar, and it spreads USD exposure across the Euro, Chinese Renminbi, Japanese Yen, British Pound, Canadian Dollar, Australian Dollar, and Mexican Peso.

Click here to see the products available to trade on the small exchange.

Try a demo with Small exchange products.

Open a live account to trade the small exchange products and other futures.

Check out the short video below for a great introduction/ explanation on benefits of trading the Small Exchange Products

Big things at the Small Exchange - "Futures that look like stocks"

Daily Levels for July 24th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1002

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Due to the start of Daylight Savings Time starting in the U.S. on March 8 (this weekend), and British Summer Time not starting until March 29, European markets will open and close one hour later in the US during this time. Also, Coffee, Cocoa, and Sugar will open an hour later, but will close at their normal times.

1. Trading 102: Learn to Lose

Important NOTE: With The Recent Volatility Across Markets, We Have Seen Margins Increase In Some Markets As Well As Wild Swings And Extreme Volatility In Many Markets. For Some, It Can Cost The Full Account Value But Doesn’t Need To. These Volatile Times Require MAJOR Adjustments In How You Approach Trading And Risk Management. I Hope This Article Helps And I Encourage You To Utilize Our Brokers And The Knowledge They Have To Assist You.. Contact Us

Many different factors go into trading. Too many to discuss efficiently in one blog post. Some relate to trading techniques, other to money management, mental aspect, risk capital and much more.

But one that sticks in my eyes is the inability to accept a loss. I see many clients who can make money and have days where they make money but when they lose, they lose much more, sometimes even losing control and losing a big portion of their account.

I am not sure how a trader can embed this into their trading mind, BUT in my opinion if you train your brain to expect losses, understand losses and that losing days will happen, you will increase your chances of surviving in this business, which in return will actually give you a chance to succeed....

Losses are part of trading and as long as your losses are part of the plan and are quantified in advance and you can adhere to your rules, then you have a chance. I think it''s easy when traders are winning...making money etc. Much harder when you lose or down. your brain starts playing tricks on you...it tells you to double down, maybe reverse even though your analysis does not say so....all of a sudden you start pulling trades out of instinct, fear rather than a calculated plan that has solid risk/ reward. If a trader learns how to lose, to accept losses, to have realistic expectations, then he/ she can avoid having one of those terrible days when traders can lose almost of all their account.

I went into this subject and detailed day-trading money mgmt in an article I wrote a few years back for SFO magazine.

You can read the full article by clicking here

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: Stock Index Futures and Stock Market - Whats next.....

By Ilan Levy-Mayer, VP

Mini NASDAQ 100 futures are part of the stock index family that includes mini SP 500, mini Russell, mini Dow, Mid cap, Nikkei and a few more. Most traded on the CME/CBOT/GLOBEX exchanges.

The NQ futures, mini nasdaq 100 have been the most volatile stock index instrument in my eyes. The moves in this market intraday, overnight and such have been historic. I suspect volatility will continue but slowly come down a bit... As far as direction of the market, and this is a pure personal opinion speculation, I think we will see a slight bounce over the next few days before the market attempts to test lows made last week.

To access a free trial to the ALGOS shown in the chart ( "early trend identifier" included) along with other tools, visit and sign up for a free trial for 21 days with real time data.

With the historical volatility we are seeing, I would highly recommend looking at the MICRO contracts including the MICRO NQ which is 1/10th the size of the mini NASDAQ. The symbol is MNQ and you can read more about the MICROS here.

Mini NASDAQ 100 Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $9900 initial, $9000 Maint. ( as of the date of this newsletter)

Point Value: full point = $2000 ( Example: 7067.00 to 7167.00 ). Min fluctuation is 0.25 = $5 ( Example: 8530.00 to 8530.25) Settlement: Cash on the open of the third Friday of each month

Months: Quarterly cycle, June, Sep, Dec, March. M,U,Z,H

Weekly Options:YES

Micro NASDAQ 100 Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $990 initial, $900 Maint. ( as of the date of this newsletter)

Point Value: full point = $200 ( Example: 7067.00 to 7167.00 ). Min fluctuation is 0.25 = $0.5 ( Example: 8530.00 to 8530.25) Settlement: Cash on the open of the third Friday of each month

Months: Quarterly cycle, June, Sep, Dec, March. M,U,Z,H

Mini NASDAQ 100 is one of my favorite markets for Day Trading because of the intraday range and movements. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering trading the NQ or other indices for this matter:

1. Longer term view of current market prices

2. Dates and times of important reports. CPI, Housing, employment, FOMC are just some of the reports you need to watch for

3. Earning reports

4. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the MINI NASDAQ market, other indices, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily chart of NQ Futures for your review from this morning ( March 6th 2020). This chart was prepared using our CQG software, which you can demo for 28 days with real time data.

Daily Levels for March 9, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

SMALL EXCHANGE RESOURCES

A New Way to Trade Equities, Commodities & Forex!

Gain exposure to popular markets with standardized tick values and expiration dates on the Small Exchange. This brand new exchange joins the benefits of trading futures like capital efficiency, with the accessibility of the stock market. Learn why Smalls are a simple yet exciting addition to your trading plan.

Products are using pricing format like stocks and equities and include the following:

Small Stocks 75 finds the most active stocks from the five major sectors - technology, industrial, energy, financial, material - and adjusts with shifts in the equity environment to give you an engaging stock market at all times.

Small Precious Metals combines and weights the three most popular metals by global production, US consumption, and trade volume to give you one comprehensive perspective.

Small US Dollar is priced directly to the dollar, and it spreads USD exposure across the Euro, Chinese Renminbi, Japanese Yen, British Pound, Canadian Dollar, Australian Dollar, and Mexican Peso.

Click here to see the products available to trade on the small exchange.

Try a demo with Small exchange products.

Open a live account to trade the small exchange products and other futures.

Daily Levels for June 30th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

It is a whole new environment of trading.

What worked 6 weeks ago most probably not working now as far as trading is concerned.

Markets are moving extremely fast and at times quoting systems, platforms cant even keep up.

The risk is MUCH GREATER than I have ever seen it yet some traders look for it.

That is ok, as long as you :

Know the rules, understand current margins, know where the circuit breakers are/ limit moves.

Figure out your max risk.

After you do all that, feel free to trade but jumping in and trying to trade without the basic knowledge above is like jumping into a stormy ocean without a life vest.....

LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html

This is for Stock Index futures but keep in mind MANY other markets are experiencing LARGE swings and moves.

Overnight limit, can''t trade below but can trade above.

-5%

Intra day

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Daily Levels for March 23rd

WEEKLY Levels for March 23rd

Monthly SP cash chart below for your review! Sign up for the diamonds indicators here! ( red diamond = potential sell)

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Cannon Forex Pro Trader

As many of you know Cannon has been providing futures trading solutions since 1988. What many don’t know is that Cannon is also offering FOREX (spot FX trading solutions) with the same level of support you have gotten accustomed to on the futures side.

We are proud to announce the addition of an FX powerhouse, IG.

About IG :

IG US LLC is a registered Retail Foreign Exchange Dealer with the CFTC and a member of the National

Futures Association (NFA). IG Group, the parent company, was founded in 1974 (45 years) and is

listed on the London Stock Exchange. They have built a business around championing their clients

by providing them with cutting-edge tools and 24-hour support. They offer over 80 FX pairs and an

award-winning platform. The IG Group now serves 178,000 clients all over the world, from offices in

16 countries, based across five continents.

You can get started with a CANNON PRO FX demo here!

You can open a live account here!

Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.

Below is a video I took a few weeks ago during live market action where I share a couple of trade set ups, reasons why I took the trades, thinking behind it, money management and more. If you like what you see, you can sign up for a FREE TRIAL here.

Daily Levels for July 17th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1015

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

1. 8 Steps to Building a Better Trading Foundation

My name is Ilan Levy-Mayer and I am the Vice President and Senior Futures Broker at Cannon Trading. I came up with the following personal observations after serving online traders worldwide for more than 20 years.

The following steps are guides to progress, and are not necessarily in sequential order. Some of them are always required, but each futures trader is different and will relate to these stages in their own ways. While attempting to learn and progress, one must keep in mind that futures trading is risky and can involve significant losses.

1. Education

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, futures brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to futures trading. The second type of education is ongoing: learning about trading techniques, the evolution of futures markets, different trading tools, and more.

2. Find A System

I am definitely not advising you to go on the web and subscribe to a "black box" system (using buy/sell triggers if don''t know why they are being generated). What I am advising is developing a trading technique: a general set of rules and a trading concept. As you progress, you may want to put the different rules and indicators into a computerized system, but the most important factor is to have a focus and a plan. Don''t just wake up in the morning and trade "blank."

To read the rest of the 8 Steps article, please click here

2. Hot Market Report: Silver Futures Surge Higher

By Joe Easton & Matt Kang, Senior Brokers

This week’s highlighted Market is Silver. Silver belongs to the "metals family": Gold, Silver, Copper, Platinum, Palladium. All traded on the COMEX exchange..

Hi Ho Silver Away! Silver futures have been increasing volatility and experiencing a short term Bull Run. This last month Silver Futures have increased 27% going from $18 to now $23 per oz. This $5 dollar move equates to $25,000 per 1 contract ( in your favor or against you....). Since May silver has increased over 45%!!

The next resistance is $23.50-$25.20 from August 2013. Immediate support at: $21.65 and $19.80

One way to trade a volatile market such as this one, is by using options. One can buy vertival call spreads and buy more time or one can speculate with shorter term outright calls and puts. This will still allow exposure to gains, while capping your risk by the amount you pay for the option. Reach out to your Broker for more information and insight into options, options spreads and the general risks and opportunities in futures trading.

Daily chart of silver Futures for your review from this morning ( July 24th, 2020). Silver is "usually" volatile enough and liquid enough to be suitable for both day trading and swing trading as well as some interesting options and options spreads. To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

SILVER Futures Specs

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $8800 initial, $8000 Maint. ( as of the date of this newsletter)

Point Value: full point = $5000 ( Example: 16.80 to 17.80 ). Min fluctuation is 0.05 = $25 ( Example: 16.800 to 16.805) Settlement: Physical Delivery

Months: January, March, May, July, September,December. F,H,K,N,U,Z

Weekly Options:YES

Some of the basic fundamentals to keep in mind when you are considering trading the Silver for this matter:

1. Research supply side in major silver producing countries like Mexico, China, and Peru.

2. Follow both the industrial demand and investment demand for silver

3. Focus in macroeconomics not microeconomics

4. Correlation to gold

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Geopolitical Stability

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the silver market, other metals, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Levels for July 27th

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Weekly Levels for July 27th - July 31st

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Good Friday Trading Schedule here.

Stay safe out there both physically and in the markets....

It feels like a new world out there in so many ways. Trading is one as well....This is a TOTALLY different markets than what we witnessed 6-8 weeks ago, a year ago etc.

Know the rules, understand current margins, know where the circuit breakers are/ limit moves.

CONFIRM MARGINS WITH YOUR BROKER, margins are function of volatility, platform, exchange overnight and other factors and during this volatility, margins can change so if you are not sure - check with your broker!

Figure out your max risk.

After you do all that, feel free to trade but jumping in and trying to trade without the basic knowledge above is like jumping into a stormy ocean without a life vest.....

Here are some EXCELLENT resources to help you navigate these volatile times:

Explanation about limit moves and circuit breakers

A good article about using weekly options

Before you can Thrive, you must survive! Learn to lose

An excellent article about confronting risk

The complete guide to risk and opportunities in futures and options trading - NEW! ( excellent for beginners!)

TRADING VIDEOS

Using overbought/oversold

Bollinger bands

Price Confirmation

More videos!

Daily Levels for April 13th

WEEKLY Levels for April 13th-17th

Weekly SP cash chart below for your review as we close RIGHT at the 50% retracement!!!

Sign up for the Trading indicators here! ( red diamond = potential sell, blue arrows=potential buy etc.))

Click on the chart for LARGER IMAGE

Did you know?

Cannon offers full service and broker assist!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1030

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Thanksgiving 2020 Holiday Schedule for CME / Globex and ICE Exchange

Click here for the full schedule

Trading 101: Opportunities and Risk, an Educational Guide to Trading Futures and Options

93 page PDF eBook available for instant download

*Learn about futures basics

*Learn about options basics

*Margins and margin calculations

*Spreads

*Options spreads and calculations

*Trading Strategies

*Regulations

*Much More!

Click here to Download the Booklet

Dr. Copper climbing towards the highs from Jan 2018

Weekly Chart along with "turning points" signals

and possible elves for your review.

To access a free trial to the ALGOS shown in the chart along with other tools, visit and sign up for a free trial for 21 days with real-time data.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for November 23, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1009

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Day- Trading Alerts via Text Directly to Your Phone FREE TRIAL ($249 value)

The real time trade alerts FREE 3-week trial uses a combination of proprietary information technical studies, trading ALGOS and a few popular indicators for confirmation.

All trades are intended to be day trades and will be complimented with text exits at any time after entry and at the latest by the end of the trading day.

You will receive a text and email each time there is an entry or exit in a simple language along with the current price for that specific market.

Text alerts available to US and Canada residents. Int''l clients will receive the alerts via email.

Real-time trade signals via text available for the following markets:

* Gold, silver, copper, platinum

* mini SP, mini Nasdaq, mini Dow, mini Russell

* Major currenciey pairs

* Wheat, Beans, Soymeal, Bean oil

* Crude oil, RBOB, Heating oil, Natural gas

* 30 year Bonds and 10 year Notes

* Hogs, Cattle

Click here to sign up for free trial and make sure to provide valid mobile number and email

Hot Market Report: Mini SP 500 charging higher - What''s next?

By Joseph Easton, Commodity Broker

This week’s highlighted Market is mini SP 500 futures.Part of the stock index family that includes mini NASDAQ 100, mini Russell, mini Dow, Mid cap, Nikkei and a few more. Most traded on the CME/CBOT/GLOBEX exchanges.

ES Futures are up 70 points on the day and are set to close higher this week. The ES has closed higher 4 of the last 5 weeks and 8 of the last 11 weeks since the March 27th lows. The selloff from 3397 to 2174 was a 36% drop of 1223 points. We have now almost retraced 85% or 1000 points off the low. The market is shrugging off all the fundamentals and news stories. Proving once again to trade what you see not what you hear.

ES is probably the most popular market for day traders. LARGE volume, liquidity and good ranges as well as being the first electronic Mini Stock Index contract in the US back in 1997, make the ES "the king for day-trading". One thing to understand is that the aggressive day-trading margins most firms, including Cannon, offer for markets such as the NQ and ES can be a double edge sword. With $500 day-trading margins, you as a trader control LARGE amounts of money and that can translate to large fast losses or gains in volatile manner. I urge you to create a self imposed margin that is higher. Be aware, be careful. This chart was prepared using our FREE E-Futures Int''l software, which you can demo for 28 days with realtime data.

The MICRO ES can be a great tool to use if you have a smaller account, just starting etc. The MICRO ES symbol is MES and it is exactly one tenth the size of the ES for value, tick size, margins etc.

Mini SP500 Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $13200 initial, 12000 Maint. ( as of the date of this newsletter)

MICROS Margins: $1320 initial, $1200 Maint. ( as of the date of this newsletter)

Point Value: full point = $50 ( Example: 2819.00 to 2820.00 ). Min fluctuation is 0.25 = $12.50 ( Example: 2819.00 to 2819.25) Settlement: Cash on the open of the third Friday of each QUARTER ( June, Sep, Dec, March )

Months: Quarterly cycle, June, Sep, Dec, March. M,U,Z,H

Weekly Options:YES

Mini SP 500 is one of my favorite markets for Day Trading because of the intraday range and movements. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering trading the NQ or other indices for this matter:

1. Longer term view of current market prices

2. Dates and times of important reports. CPI, Housing, employment, FOMC are just some of the reports you need to watch for

3. Earning reports

4. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the MINI SP500 market, other indices, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Chart below of ES Futures for your review from this morning ( June 5th 2020).

Daily Levels for June 8th

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Weekly Levels for June 8th - 12th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1024

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

The news about President Trump and COVID along with an already "very spicy markets" encouraged me to share some of the following pointers.

Hope it helps.

*While I have no idea were the market is going from day to day, minute to minute, week to week etc. I do know that in the past, some of the sharpest and largest rallies were short covering after a large sell off. More often than not market sell offs and volatility like we are seeing do not end up as V type of action but more like U or W when it is all said and done.

*Expect the unexpected...

* Have an idea of what you are looking to do, keep in mind possible risk and have a game plan. Now more than ever, plan your trade and than trade your plan!

* Think money management, hedging risk while you are still trying to figure out how to profit.

* Know what is going on, reports, current margins, current limits and more.

*Trade smaller. The bands are much larger. Watch the VIX.

* DO NOT assume anything...if you are not sure, contact us and we will try our best to assist with the combined, vast experience we have here as a team.

* Wash hands, take this seriously and do your best to stay healthy....

__________________________________________________

I’ve received some questions about the price limits or circuit breakers we have seen mostly in stock index futures. Hopefully this explains things a bit better:

A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions can occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, they may remain in a limit condition or they may stop trading for the day, based on regulatory rules.

This is for Stock Index futures but keep in mind MANY other markets are experiencing LARGE swings and moves.

Overnight limits (5:00 P.M. – 8:30 A.M., Central Time): the futures contract is limited to a 5% price move up or a 5% price move down, based on the futures contract’s prior day’s settlement price (3:15 P.M., Central Time).

**Starting Sunday Night Oct. 11th, the OVERNIGHT PRICE LIMITS for the following contracts: S&P 500, E-mini S&P, Micro E-mini S&P 500, E-mini Select Sectors, E-mini Russell 1000 and 2000, Micro E-mini Russell 2000, Emini Nasdaq, Micro E-mini Nasdaq 100, E-mini Dow, Micro E-mini Dow, will NO LONGER BE 5%. Instead the NEW OVERNIGHT PRICE LIMITS WILL BE 7% up or down and trading will cease until the NYSE cash market opens at 8:30am Central Time.

This applies to the main stock index futures contracts available, such as the ES, MES, NQ, etc.

What is so dangerous you may ask?

If you are long an ES during the night session and the market is limit down (5%) you can NOT get out. There is a chance that when the market opens up at 8:30 AM CDT that the market will then go down the 7% limit with out you being able to exit. That means that on certain situations you can lose MORE than you have in your account.

**Starting Oct. 11th, the 5% overnight is no longer in affect and there is a hard 7% first limit/ circuit breaker

If you don''t understand how the circuit breakers/ price limits work...make sure you call us and talk to a broker at + 1 310 859 9572

This only applies for the overnight session ending at 8:30 A.M. Central Time. At that point, a new set of rules kick in ONLY to the downside....

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Please enjoy the following:

Open a MICRO trading account with as little as $1000 and still trade with Cannon Trading!

View 8 Steps to Better trading

View Top 50 Trading Rules

View video below on few different ways to "ride the trend" when one develops as well as more insight into using trailing stops.

Daily Levels for Oct. 5th

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1022

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Trading 102: To Become a Winning Trader, you Must Learn How to Lose...

Important NOTE: With The Recent Volatility Across Markets, We Have Seen Margins Increase In Some Markets As Well As Wild Swings And Extreme Volatility In Many Markets. For Some, It Can Cost The Full Account Value But Doesn’t Need To. These Volatile Times Require MAJOR Adjustments In How You Approach Trading And Risk Management. I Hope This Article Helps And I Encourage You To Utilize Our Brokers And The Knowledge They Have To Assist You.. Contact Us

Many different factors go into trading. Too many to discuss efficiently in one blog post. Some relate to trading techniques, other to money management, mental aspect, risk capital and much more.

But one that sticks in my eyes is the inability to accept a loss. I see many clients who can make money and have days where they make money but when they lose, they lose much more, sometimes even losing control and losing a big portion of their account.

I am not sure how a trader can embed this into their trading mind, BUT in my opinion if you train your brain to expect losses, understand losses and that losing days will happen, you will increase your chances of surviving in this business, which in return will actually give you a chance to succeed....

Losses are part of trading and as long as your losses are part of the plan and are quantified in advance and you can adhere to your rules, then you have a chance. I think it''s easy when traders are winning...making money etc. Much harder when you lose or down. your brain starts playing tricks on you...it tells you to double down, maybe reverse even though your analysis does not say so....all of a sudden you start pulling trades out of instinct, fear rather than a calculated plan that has solid risk/ reward. If a trader learns how to lose, to accept losses, to have realistic expectations, then he/ she can avoid having one of those terrible days when traders can lose almost of all their account.

I went into this subject and detailed day-trading money mgmt in an article I wrote a few years back for SFO magazine. You can read the full article by filling out the form below

Learn to Lose by Clicking HERE

2. Hot Market Report: ES Futures Sitting on Major Pivot Line

By Ilan Levy-Mayer, VP

Mini SP 500 futures are part of the stock index family that includes mini NASDAQ, mini Russell, mini Dow, Mid cap, Nikkei and a few more. Most traded on the CME/CBOT/GLOBEX exchanges..

After making all-time highs a few weeks ago, the SP 500 along with the rest of the stock market are taking a "break"....The big question is will this break be a short one and uptrend resumes or will this be a more meaningful correction.

For a much larger correction in the weeks to come. I am using both Elliott Wave as well as some proprietary indicators and ALGOS I created and use. At the time of writing the ESZ20 is sitting right at that level...Very interesting to follow here in the next few weeks.

Keep in mind we have elections coming up and still LOTS of uncertainty with COVID...stay tuned, be ready for the unexpected and have a trading plan.

This chart was prepared using our CQG Q Trader software, which you can demo for 14 days with real time data.

With the historical volatility we are seeing, I would highly recommend looking at the MICRO contracts including the MICRO ES which is 1/10th the size of the mini SP. The symbol is MES and you can read more about the MICROS here.

Mini S&P 500 Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $13200 initial, $12000 Maint. ( as of the date of this newsletter)

Point Value: full point = $50( Example: 3480.00 to 3481.00 ). Min fluctuation is 0.25 = $12.50( Example: 3480.00 to 3480.25) Settlement: Cash on the open of the third Friday of each month

Months: Quarterly cycle, June, Sep, Dec, March. M,U,Z,H

Weekly Options:YES

Micro S&P 500 Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $1320 initial, $1200 Maint. ( as of the date of this newsletter)

Point Value: full point = $5( Example: 3480.00 to 3481.00 ). Min fluctuation is 0.25 = $1.25 ( Example: 3480.00 to 3480.25) Settlement: Cash on the open of the third Friday of each month

Months: Quarterly cycle, June, Sep, Dec, March. M,U,Z,H

Mini S&P 500 is one of my favorite markets for Day Trading because of the intraday range and movements. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering trading the ES or other indices for this matter:

1. Longer term view of current market prices

2. Dates and times of important reports. CPI, Housing, employment, FOMC are just some of the reports you need to watch for

3. Earning reports

4. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the mini SP 500 market, other indices, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for September 21st, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1010

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Recognizing Chart Patterns

Before Your next Trade, learn to recognize charts and patterns!

Learning the different types of charts and patterns will be another arsenal in your Trading Tools!

Ascending Triangle Futures Trading Chart Pattern

What is an Ascending Triangle Futures Chart Pattern?

An ascending triangle is a bullish futures pattern that can indicate a breakout in the upwards direction.

How do I Recognize an Ascending Triangle Futures Chart Pattern?

An ascending triangle is formed when resistance remains flat and support rises.

See the example below:

What Does a Ascending Triangle Chart Pattern Mean?

The price will rise and fall within[-] the triangle until support and resistance converge. At that point, the apex, breakout occurs, usually upwards.

Broadening Top Futures Trading Chart Pattern

What is a Broadening Top Futures Chart Pattern?

A broadening top is a futures chart pattern that can occur on an upwards trend. It is generally classified as a reversal pattern but some traders argue that there is approximately a 50/50 split between whether it tends to move upwards or downwards upon completion of the pattern. For this reason, it can often be avoided by traders. It can be viewed as the opposite of a symmetrical triangle.

How Do I Recognize a Broadening Top Futures Chart Pattern?

A broadening top is comprised of diverging support and resistance lines and resembles a megaphone. The rising resistance line and falling support line continue until the trend reverses.

Click here and make sure to provide valid mobile number and email

Hot Market Report: Position Traders Watch Keys in the Crude Oil Market

By John Thorpe, Senior Broker

This week’s highlighted Market is Crude Oil. Crude Oil is part of the energy sector along with "it''s" brothers "RBOB - Unleaded gas" and heating oil and cousin, natural gas. All traded on the NYMEX/GLOBEX exchange.

The Baker Hughes Rig Count is the graph you are seeing to your right

This time a bit of a different look at the crude oil market: We are trading in the GAP left from the first weekend in March. Now that we are here, are we going to fail to close the gap this time? or will we continue forward , filling the gap. Fundamentally, in order to fill the gap, demand in the short run will need to outstrip supply, not withstanding, a potential short squeeze. The Market structure is currently normal, in Contango ( deferred months prices are higher than spot month) remember we are now in driving season and driving, is now, once again allowed. This will help "burn off" the excess fuel left from oversupply. Keep an eye on the weekly Baker Hughes Rig counts to assist in your analysis of the supply side of the equation, higher week over week changes, pull this depressed sector of our economy up little by little. Oh and by the way pay attention to the open interest changes , December 2021 already has 136194 in open interest as of yesterdays close. That is more than October 2020.

Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $8965 initial, $8100 Maint. FRONT MONTH margins are: $9,900 and 9,000 Maint.( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 71.80 to 72.80 ). Min fluctuation is 0.1 = $10 ( Example: 71.80 to 71.81)

Settlement: Physical, deliverable commodity

Months: Monthly cycle, All Months

Weekly Options:YES

Crude Oil is one of my favorite markets for Day Trading because of the intraday voilatility and movements. Be careful, these factors can work against you or in your favor.

Some of the basic fundamentals to keep in mind when you are considering a trade in the crude oil as well as other energies:

1. Longer term view of current market prices

2. Dates and times of important reports. Namely, Tuesday afternoon report (API) and the DOE report on Wednesday mornings at 10:30 Am EST

3. Weather and Seasonality

4. Correlation to US Dollar prices

5. Inflationary prospects

6. Geopolitical Stability

7. U.S. Fiscal and Monetary Stability

Keep in mind that the GLOBEX/NYMEX also offers the mini Crude oil contract which is half the size and may be a good alternative for smaller/ begginer traders.

MINI Crude Oil Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $4950 initial, $4500 Maint. ( as of the date of this newsletter)

Point Value: full point = $500 ( Example: 62.80 to 63.80 ). Min fluctuation is 0.25 = $12.5 ( Example: 61.80 to 61.825)

Settlement: Cash Settled commodity one day prior to the Big Contract

Months: Monthly cycle, All Months

Our brokers here at Cannon will be happy to chat about the crude oil market, other energies, other futures, options, futures spreads and much more! Try a free consultation at any time.

Daily Levels for June 15th

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Weekly Levels for June 15th - 19th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, FN = First Notice , LT = Last trading , OE=Option Expiration Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1031

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Trading 101: Knowing What You Don''t Know in Trading Markets

From our friend Jim Wyckoff at JimWyckoff.com

The headline of this educational feature may be a bit confusing, but I will explain what I mean shortly. First, I want to reiterate that trading futures, stock and FOREX markets is not an easy undertaking. It disgusts me that there are a few unsavory people in our industry that portray trading as an easy, get-rich-quick scheme, or as some endeavor for which there are “secrets” to be learned from those who hold “trading secrets.”

Folks, the plain truth is that there are no trading secrets and no easy paths to quick success in trading markets. Beware of anyone who tries to tell (or sell) you such. One of the biggest obstacles to success in trading markets is a lack of knowledge and understanding of the process of trading. The “process of trading” includes understanding financial leverage, market behavior and trader psychology. Understanding the process of trading can be achieved with perseverance and a willingness to continue to learn.

It’s not coincidental that trading markets is similar to most other human endeavors: Hard work and experience are required to achieve notable success. A person who enjoys classic automobiles would not attempt to tear down and successfully rebuild an engine without having some previous experience, or without having learned about the workings of an automobile engine—including knowing about the tools involved in the operation

Click here to Read the rest of the article

Dr. Copper

Copper and copper futures have a special place in the commodity futures universe. As one of the most important industrial and building materials in the world, copper’s market price is seen as an important fundamental economic indicator for not only the health of the U.S. economy, but also for the robustness of the world’s economy as a whole. In fact, because of copper’s generally accepted importance as an economic indicator in predicting and reflecting over-all economic health, it is ascribed to be the only commodity with a doctorate degree in the field of economics, hence the title, “Dr. Copper”. Cannon Trading’s brokers affectionately call out the words “Dr. Copper” when referring to copper’s present price and market movements, amongst themselves, in a cheerful genuflecting to the respect we believe this commodity and futures contract deserves. Copper’s recent market trading range /trend can be observed in the daily chart below.

Copper Futures Specs

Hours: 5:00 PM to 4:00 PM next day PM Central Time

Margins: $4620 initial, $4200Maint. ( as of the date of this newsletter)

Point Value: full Cent = $12.50( Example: $5.60 to $5.61/bu ). Min fluctuation is 2/8ths of a cent = $12.50 ( Example: 5.60 -5.602)

Settlement: Deliverable, FND is last business day preceding the contract month

Months: March (H), May (K), July (N), September (U,) December(Z)

Weekly Options: NO

To access a free trial to the ALGOS shown in the chart along with other tools, visit and sign up for a free trial for 21 days with real-time data.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for December 7, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

1. Day Trading 202: Tight Stops? Wide Stops? Which One Should I Use?

Entry Signals Are Very Important But Just As Important If Not More Is Trade Management.

By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP

Today I decided to touch more on an educational feature rather than provide a certain market outlook. Many of my clients and blog readers know that when it comes to short term trading I am a fan of adjusting your trading technique/ game plan according to your assessment of the type of trading day that is developing in front of you.

Many new and advanced traders spend HOURS on looking for entry signals. Back testing historical data, creating algorithms to use and much more. I know. I am one of these traders.

Trade management consists of many factors. Some are psychological and some are more mathematical and many are in between. Some of the basic elements of trade management before even entering the trade are: What will my stop loss be**? will I use a stop loss**? What will my target be? will I use a target or just trail the trade if it goes my way?

CLICK HERE TO FINISH READING THE ARTICLE

Daily Levels for May 29th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1023

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Trading 202: Futures Options Writing -Who Sells Options and Why?

Have you ever wondered who sells the futures options that most people buy? These people are known as the option writers/sellers. Their sole objective is to collect the premium paid by the option buyer. Option writing can also be used for hedging purposes and reducing risk. An option writer has the exact opposite to gain as the option buyer. The writer has unlimited risk and a limited profit potential, which is the premium of the option minus commissions. When writing naked futures options your risk is unlimited, without the use of stops. This is why we recommend exiting positions once a market trades through an area you perceived as strong support or resistance. So why would anyone want to write an option? Here are a few reasons:

Most futures options expire worthless and out of the money. Therefore, the option writer is collecting the premium the option buyer paid.
There are three ways to win as an option writer. A market can go in the direction you thought, it can trade sideways and in a channel, or it can even go slowly against you but not through your strike price. The advantage is time decay.
The writer believes the futures contract will not reach a certain strike price by the expiration date of the option. This is known as naked option selling.
To hedge against a futures position. For example: someone who goes long cocoa at 850 can write a 900 strike price call option with about one month of time until option expiration. This allows you to collect the premium of the call option if cocoa settles below 900, based on option expiration. It also allows you to make a profit on the actual futures contract between 851 and 900. This strategy also lowers your margin on the trade and should cocoa continue lower to 800, you at least collect some premium on the option you wrote. Risk lies if cocoa continues to decline because you only collect a certain amount of premium and the futures contract has unlimited risk the lower it goes.

To read the rest of the article as well as power point presentation along with a summary table instantly, please fill out the form below.

Finish Reading the Article HERE

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Please enjoy the folowing:

Open a MICRO trading account with as little as $750 and still trade with Cannon Trading!

View 8 Steps to Better trading

View Top 50 Trading Rules

View video below on using Bollinger Bands as possible exits/stops and as a guiding tool

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Negative Crude Oil Prices??

It is perhaps even more confusing than seeing negative interest rates to see negative oil prices. Both occurrences are quite rare, and there isn’t a lot of information out there explaining it, so let us attempt to clarify where negative pricing comes from and why.

Futures contracts are where oil is primarily traded. In a futures contract, an oil producer agrees to deliver a certain amount to an oil user. For example, Exxon, an oil producer, may agree to produce and distribute 3,000 barrels to Boeing, an oil user. Once the contract is made, it is traded on the futures floor, the price of oil fluctuates, and eventually the last person holding the contract when it expires owns the 3,000 barrels ( 3 contracts of 1000 barrels each). However, most people who trade oil futures are not oil users. So often, a trader who owns a contract that is about to expire will “roll the contract”, or sell it to an actual oil user.

On April 21^st, 2020, the last day to roll MAY oil contracts, traders tried to sell these contracts, but for the first time in history, no one was buying. All oil users already had enough oil, so traders had to resort to giving the contracts away, and when even that did not work, the offered to pay these users to take the contracts off their hands, and thus, the negative oil price occurred.

A big reason oil users were not buying at any price was that their oil storage facilities were filled up. As a result, oil producers were forced to slow production, which actually costs them more money. So when the oil price dropped as low as negative $37 a barrel, it wasn’t that a negative amount of oil was produced, it was that no one wanted the oil that was already there.

Also we got MANY calls of clients thinking they can "buy oil at negative prices", when crude oil or any other deliverable commodity gets into last trading days/ first notice days time frame, the only clients who should still be in there are pre qualified hedgers/ qualified traders who are ALREADY set up and well capitalized to either take delivery or provide delivery.....

From what I understand, a lot of this has to do with an OIL ETF that got flooded with "clients who thought oil prices were too low"....but this is a topic for another discussion.

Also in regards to Crude Oil futures - if you are actively trading this market, visit:

https://www.cmegroup.com/education/demos-and-tutorials/understanding-velocity-logic.html

Daily Levels for April 23rd

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1001

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

1. Trading 102: Options on Futures In Depth Information (Note: When volatility is SO HIGH, options can provide additional ways for possible hedging and alternative speculation - our brokers will be happy to assist)

A comprehensive resource for information on options on futures

In this section you will read and learn about the following:

*Options Basics

*Options Strategies for Bullish set ups

*Options Strategies for Bearish set ups

*Options Strategies for Neutral set ups

*Selling Options Premium - an overview

And much more!

Click here and INSTANTLY get access to the online tutorial

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

2. Hot Market Report: US Treasury Bonds acting as main safe haven during this insane volatility.

By Ilan Levy-Mayer, VP

The US 30 year treasury bond market belongs to the "interest rate family" 10 year, 5 year, 2 year notes, the "Ultra bond" and others. All traded on the CBOT exchange.

US Treasury bonds have been acting as almost the ONLY safe haven out there....gold lost a lot of ground and so did Bitcoin, yet US bonds have been going higher as stock markets around the world have dropped quite a bit....Cash is king?

Daily chart of T-Bond Futures for your review from this morning (February 28th 2020). Bonds are a very liquid market with a relatively LARGE tick size of $31.25. Bonds also have some of the LOWEST exchange fees in the futures markets which make the total cost of trading it cheaper than the mini SP or crude oil for example. This market offers different type of day-trading vehicle. Different behavior and personality. I like to look for set ups in this market and the 10 year notes in different ways. One is trying to "SCALP" the large tick size and the other, which I prefer is to look for "longer day trades " using the 15, 30 and 60 minutes charts. If you are a day-trader, you may want to watch this market, get a feel for the different type of trading it offers versus Indices or crude oil for example and see if it is a "worthy" market to add to your day-trading markets list. It goes without saying that bonds are an excellent market for options, swing trading and long term trading as well with 23 hours trading, strong volume and excellent liquidity. This chart was prepared using our FREE E-Futures Int''l software, which you can demo for 28 days with real time data.

To access a free trial to the ALGOS shown in the chart ( "early trend identifier" included) along with other tools, visit and sign up for a free trial for 21 days with real time data.

30 yr Treasury Bond Futures Specs

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $3080 initial, $2800 Maint. ( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 144.16 to 145.16 ). Min fluctuation is 0.01 = $31.25 ( Example: 144.16-144.17) Settlement: Physical Delivery

Months: Quarterly (March,June,Sep,Dec) Weekly Options:YES

Some of the basic fundamentals to keep in mind when you are considering trading the U.S.30yr Treasury Bonds for this matter:

1. Interest Rates.

2. FOMC Rate decisions and Language

3. Focus in macroeconomics

4. Bond Prices have an inverse relationship to Interest rates

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Geopolitical Stability

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the markets: options, futures spreads and much more! Feel free to contact us at any time.

The chart below was prepared using our FREE E-Futures Int''l software, which you can demo for 28 days with real time data.

Daily Levels for March 3, 2020

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

June is the front month for stock indices, financials, currencies and MANY other markets. Make sure to contact your broker with ANY questions.

Please see some important links/updates at the end of the RISK article:

RISK

It is a four letter word. As traders it is something that we thrive on and dread.

We chase and fear. We look for and look to avoid. It is RISK. Without it, there is no opportunity for profit. Without it trading lacks potential. With it, failure and heartache are the consequences when it is abused.

Risk itself is not a bad thing. When it is misused by traders, it becomes a problem. Controlled risk presents traders with exciting and profitable opportunities. Uncontrolled, it brings the end to the dreams and careers of many traders.

How should we as traders confront risk? The first step is to respect it.

Realize the damage it can do to our account equities when it is abused. The two most important tools that we have to control risk are stops and position size. Read More.....

Realize the damage it can do to our account equities when it is abused. The two most important tools that we have to control risk are stops and position size. Oh, I know, you hate stops. We all do. We have all been stopped out at the high or low only to see the market immediately move in the direction that we thought it would. But without using stops on every trade that we enter, disaster will eventually prevail. I have a love/hate relationship with my stop orders. I hate to place them, but love how they save me from large, unacceptable account crushing losses. It is the same for all successful traders. Those foolish enough to trade without stop protection are risking disaster on every trade. Unless you as a trader have developed perfect discipline to exit a losing trade quickly, and according to your pre-entry criteria, stops are mandatory. And admit it, at least to yourself.....do you have perfect discipline? I think not.

The other critical element in controlling risk is position size. By this I mean the percentage of your equity that you are risking per trade. I do not risk more than 3.5% of my equity on any trade. Some traders are comfortable risking 5% of their equity. This amount for me is an amount of risk with which I am comfortable. It allows for aggressive trading, and it allows me to stay in the game ( financially and psychologically) even after a series of losses. This aspect of strategy building is often forgotten by the novice trader. These folks have dreams of "the big hit" or the monster trade that allows their account equity to soar to heights un-imagined by mere mortals. The problem is, oops, what if you are wrong? This type of trading/thinking is out of control. It leads to broken dreams and short careers. You must always remember that this is a highly volatile, sophisticated business. Treat it as such. If you want to gamble, jump on an airplane and visit Las Vegas.

The futures markets are highly leveraged, as we all know. Those traders that abuse risk by not respecting its power will eventually join the long list of former futures traders. Risk must be treated like a beautiful, intelligent woman. Treated with respect, wonderful things can happen. But, abuse it, or disrespect it, and suffer the consequences. As a futures trader you have to embrace taking risk. Understand its impact. Respect it. Stay in control of it. Develop a trading method that makes risk an asset to your account instead of an enemy of your account. Risk/reward analysis is an important part of our everyday lives. Can I make it thru the intersection before the light turns red? Do I need to re-apply my sunscreen? Should I have one more beer before driving home? In trading, always keep in mind your risk versus the reward. A 50% gain in your account is not equal to a 50% loss of equity. A 50% winning trade puts you up by one half.

But a 50% loss means that you have to double your equity to get back to your starting point. Respect your risk levels. Trade only using a risk level that you, personally, are comfortable with. Rome wasn''t built in a day. Neither will your account be built in a day, or a week. Respect risk. Enjoy it''s benefits and your trading in rest of this year and in 2011 will produce profits and satisfaction.

Enjoy the ride.

• Feel free to call us at 800-454-9572 or +310-859-9572 or via the web with any questions

I have a few points to make:

Take a look at the below chart from 2008 of the mini SP, last time I remember volatility close to what we are seeing and you will see that the moves are not a straight line....don''t get over excited if you are long and market bounced your way or vise versa if you are short and the market is limit down....this volatility will play both sides and in MY OPINION this is not a market to just buy and hold using futures....You need to be able to react and adjust positions according to market action and sentiment.
By no means am I trying to imply that we can see a 50% correction like we saw back then BUT have respect for the market and the price action and DON''T try to predict tops and bottoms....
Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
Understand that loses are part of trading and this is definitely not a good time to "fight the markets".
Focus more on risk management and ways to protect certain positions as needed.
Survive to trade another day.

LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html

Overnight limit, can''t trade below but can trade above.

-5%

Intra day

-7% Trading Halt 15 mins

-13% Trading Halt 15 mins

-20% Closed for rest of day

Latest Margins:

ES: $9,185.00

NQ: $11,880.00

YM: $9,075.00

ZB: $5,280.00

EURO: $2,145.00

GC: $6,600

SI: $6,600

CL: $5,087.50

KC: $4,455.00

ZS: $1,650.00

ZW: $1,375.00

If you have ANY questions, especially time sensitive, pick up the phone and call!! 800-454-9572

+ 1 310 859 9572

Click on chart to expand

PS: if you like access to the DIAMOND ALGOS shown in the chart above which are a proprietary tool that tries to predict turning points in the market, visit the free trial.

Daily Levels for March 16th

Weekly Levels for March 16th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: www.MRCI.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

It is a whole new environment of trading.

What worked 6 weeks ago most probably not working now as far as trading is concerned.

Markets are moving extremely fast and at times quoting systems, platforms cant even keep up.

The risk is MUCH GREATER than I have ever seen it yet some traders look for it.

That is ok, as long as you :

Know the rules, understand current margins, know where the circuit breakers are/ limit moves.

Figure out your max risk.

After you do all that, feel free to trade but jumping in and trying to trade without the basic knowledge above is like jumping into a stormy ocean without a life vest.....

Here are some EXCELLENT resources to help you navigate these volatile times:

Explanation about limit moves and circuit breakers

A good article about using weekly options

Before you can Thrive, you must survive! Learn to lose

An excellent article about confronting risk

The complete guide to risk and opportunities in futures and options trading - NEW! ( excellent for beginners!)

Daily Levels for March 30th

WEEKLY Levels for March 30th

Weekly SP cash chart below for your review! Sign up for the diamonds indicators here! ( red diamond = potential sell)

Click on the chart for LARGER IMAGE

Did you know?

Cannon offers full service and broker assist!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Wishing everyone a happy, safe 4th of July holiday!.

Please make sure you check trading hours here!

Using tick/Volume charts and Oscillators for day trading

Using tick charts and oscillators for day-trading (by Ilan Levy-Mayer VP of Cannon Trading )

I really don''t think anyone has found a "perfect way" to day-trade.

Different techniques work well in different market environment.

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.

The chart below illustrates a few principals I like:

It uses a tick chart rather than a time chart. I like tick charts ( range bar, volume charts, renko) better when day-trading shorter time frames for the simple reason it already includes a big factor in the market, VOLUME.

Read full article along with chart samples here

Daily Levels for July 3rd

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FOREX trading. Try our Cannon FX Pro demo for free.

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Tomorrow is also the last trading day of the month.

I noticed that sometimes the last and first trading days of the month will have larger than normal moves.

my guess is that:

1. large funds are positioning themselves or "squaring off books" for accounting purposes.

2. Longer term traders have the full picture of the monthly chart

Lets talk crude oil prices, trading front month crude oil and more:

On April 27, the USO announced it was exiting its positions in the current June contracts entirely. That caused the price of those contracts to drop 26.7%. It also announced an intention to invest in contracts as far out as June 2021. Fully 40% of the fund''s portfolio is now going to be for contracts more than three months out.”

The parent company of the United States Oil Fund LP USO, +4.93%, the largest oil-related exchange-traded fund, on Wednesday announced an eight-for-one reverse stock split. The move comes after USO lost one-third of its value in the most recent week amid a worsening global oil glut. USO, which directly tracks oil futures contracts, had earlier attempted to mitigate losses by stretching out its exposure to later-dated oil futures contracts, but on Tuesday said it would abandon a pre-set strategy and invest in contracts in "any month available." On Tuesday, USO had to stop creating new fund shares after it reached a pre-determined threshold of exposure to the underlying securities. By reducing the number of USO shares outstanding, USO''s post-split shares will be valued eight times higher than pre-split shares. The step will be completed April 28. USO shares have lost about 78% of their value in the year to date, and many analysts believe retail investors have borne most of those losses in recent weeks.

Will todays futures market Crude rally last beyond today?

Back on January 8th, 2020, West Texas Crude Oil reached $65.65 per barrel on news that Iran fired more than a dozen ballistic missiles at two Iraqi military bases housing US troops.

Four months later – and for the first time ever – the price of crude oil for May delivery traded below zero, closing on Monday at -$37.63 per barrel. So much has been written about crude oil trading to a negative value, so I won’t waste more space on that, however here are some pointers I like to make:

1. The margins have more than doubled these past few weeks and many clearing houses will even ask for 200% margins if you trade the front month.

2. Volatility is EXTREME, make sure you know what you are doing, know the rules and understand the environment. There is a big difference in the way the front active month trades compared to the back months. I personally recommend NOT trading the front month as I feel the volatility can be EXTREME for 99% of the traders out - just my opinion.

3. If you’ve never taken physical delivery of crude oil and all of a sudden this idea has sprouted in your brain, take heed. Don''t think you can get set up for that scenario in short order – in case June repeats the same behavior. Taking delivery of crude oil requires a rather lengthy set-up process. The minimum account balance required to be in place: $1,000,000 ( with us anyway ). You also will be required to be set up with a licensed storage facility, provide verifiable shipping logistics and be approved by certain FCM’s and the exchange

4. This is the type of trading environment where an experienced broker can assist you by suggest strategy ideas such as placing hedges, incorporating options, implementing spreads and much more.

Below you will see the SPREAD chart of the difference between June the current front month and July the next month. It is July price MINUS June price.

Plan your trade, trade your plan and wash your hands often!!

Sign up for the Trading indicators shown in the chart here! ( red arrow/square = potential sell, blue arrow/ square=potential buy etc.))

Daily Levels for April 30th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1008

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

Trading 202: Trading Economic Reports - Free Premium Guide

Crude Inventories, Unemployment report, Housing Starts are just a few of the market moving reports we have on weekly basis

The financial market’s volatility attracts many to follow and trade economic events and use this volatility to try and generate profit. Unfortunately, trading isn’t easy. Starting from planning and preparing all the way through the releases, analyzing and trading economic events involves many steps. That is why we at Cannon Trading pick this content for you prepared by BetterTrader.Co

To access this FREE Premium Guide, click here

Hot Market Report: Copper Futures

By Roger Muri, Commodity Broker

Copper belongs to the "metals family": Gold, Silver, Copper, Platinum, Palladium. All traded on the COMEX exchange.

Daily chart of Copper Futures for your review from this morning ( May 29th 2020). Copper is continuing its rollercoaster bouce off the $2.00 mark on March 17th and is now established a 232 supprt level and a 253 resistance level. If you put a copper chart over an SP 500 chart, you will see that they resemble in price action with a lower volatility in copper than in the equities yet has shown increased volume compared to in the past. The big question has always been: who is nthe leader and who is the follower? Some stock index traders will follow Copper along with the VIX index in clues for future moves in the equities. A good market to trade yet not too fast to follow a reasonable pace of market in my opinion. Copper is "usually" volatile enough and liquid enough to be suitable for both day trading and swing trading. To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

Copper Futures Specs

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $4125 initial, $3750 Maint. ( as of the date of this newsletter)

Point Value: full point = $250 ( Example: 3.0230 to 3.0330 ). Min fluctuation is 0.0005 = $12.5 ( Example: 3.0230 to 3.0235) Settlement: Physical Delivery

Months: Every Month Weekly Options:YES

Some of the basic fundamentals to keep in mind when you are considering trading the Copper for this matter:

1. Research supply side in major copper producing countries like Chile, Peru, China and United States.

2. Follow both the industrial demand and investment demand for copper

3. Focus in macroeconomics not microeconomics

4. Correlation to gold and silver

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Geopolitical Stability

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the copper market, other metals, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Daily Levels for June 1st

Weekly Levels for June 1st - 5th

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

This coming Monday is Memorial Day here in the US.

Memorial Day Trading Schedule below. Visit our website for more details.

Daily Levels for May 22nd

Did you know?

No matter how long you have been trading, having an experienced broker on your side is always a good investment.

At Cannon Trading we don’t predict the future, but we do have over 30 years of experience helping our clients keep their portfolios strong.

Our team gives access to a large variety of strategies and we know we can find the one that fits you.

Whether your brand new to trading and need a guide, or have years of experience and just need a helping hand, Cannon Trading can assist you.

Start by filling our your trader’s profile here

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

WE ARE PLEASED TO ANNOUNCE A TRADETHENEWS.COM TWITTER PROMOTION!!

Trade The News is a leading provider in breaking financial news and analysis:

The First

To provide audio news squawks in 1998.

Entering second decade of market

moving analysis.

Depth of Coverage

Professional analysts broadcasting 24 hrs

for American, European and

Asian markets

Diverse Platform Offerings

Audio, text headlines, calendars

and ability to ask questions to analysts

live through platform.

TTN is offering a free two week demo just for following them on Twitter.

To take advantage of this promotion please click on the below link:

https://twitter.com/Trade_The_News

Follow Trade The News, then visit us at:

TTN Free trial Request

In the message field include your Twitter handle like in the picture below.

Your free two week demo will be activated once the Twitter following is confirmed.

As an added bonus, if you decide to become a subscriber to any of TTN services at the end of the free two week trial period

TTN will add an additional two weeks onto your first month’s subscription to extend it to six weeks.

On a different note, if you are NOT a Cannon client yet, you may want to read this recent review!!

Daily Levels for June 24th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

All times are EST (New York )

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Hello {First Name},

These markets are EXTREMELY tough...even for experienced traders.

Did you ever think you will see crude oil trading at NEGATIVE prices?

What about limit moves which took place in more than a few markets? did you get stuck?

We don’t have a crystal ball, but we do have expert insights and over 30 years of experience assisting our clients using different approaches, options, spreads, combinations and more.

Sometimes just a second pair of eyes or voice o reason can make a big difference.

Our team of brokers are all series 3, most with over 10 years experience and can assist you in different ways.

Whether you an experienced trader who needs a second opinion or never traded futures before, a licensed Cannon Trading broker is ready to help.

Fill out your FREE, no obligation Trader''s profile HERE

Sign up for the FREE trading platform with charts, quotes, indicators and more!

Daily chart of MAY crude Oil which is going into delivery tomorrow above.....Never say never in the business of trading.....I never thought I would see a commodity traded at negative value?!!

Daily Levels for April 21st

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports EST

provided by: BetterTrader.com

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Please read carefully! Markets are CLOSED this Friday!!

Good Friday Trading Hours

The Federal Open Market Committee released minutes Wednesday of its March 15 meeting, during which it lowered its benchmark interest rate to near zero.

The minutes reflected central bankers concerned about the impact the coronavirus was having on the economy.

“All participants viewed the near-term U.S. economic outlook as having deteriorated sharply in recent weeks and as having become profoundly uncertain,” the minutes said.

The meeting, held remotely on a Sunday afternoon, resulted in the committee taking down its policy rate to where it was during the financial crisis. All but one member voted in favor, with Cleveland Fed President Loretta Mester offering dissent.

“In their discussion of monetary policy for this meeting, members noted that the coronavirus outbreak had harmed communities and disrupted economic activity in many countries, including the United States, and that global financial conditions had also been significantly affected,” the minutes said.

“Members judged that the effects of the coronavirus would weigh on economic activity in the near term and would pose risks to the economic outlook. In light of these developments, almost all members agreed to lower the target range for the federal funds rate to 0 to 1/4 percent,” the summary continued.

The release also is expected to include a summary of deliberations from an unscheduled May 3 meeting at which the Federal Reserve’s policymaking group announced a 0.5 percentage point rate cut.

Sign up for the FREE trading platform with charts, quotes, indicators and more!

1236 on mini Russell is an important level to watch for!

Daily Levels for April 9th

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE. Browse resources here.

Economic Reports

provided by: https://bettertrader.co

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Tomorrow is the last trading day of the 2020!

Thank you for choosing Cannon during this challenging year. We look forward to continuing to provide you with excellent service in 2021 and wish you a healthy, successful year ahead!

The following are from my colleague, Al Bicoff, market technician and a student of the markets.

Golden Ratio Analytics, L.L.C.

These are Al''s personal opinions but I thought there is some excellent food for thought in there and sharing with permission:

12.30.20

THE WITCHES BREW OF REFLATION / INFLATION HAS BEGUN. FED IS TRYING TO SLAY

THE DEFLATIONARY SPIRAL BY WEAPONIZING A WEAK US$

AS THEIR CATALYST.

LET''S HOPE THEY''RE MORE SUCCESSFUL

THAN THE JAPANESE SLAYING THE

DEFLATIONARY BEAST.

THE WEAKENING US$ IS NOW

BEING COMPOUNDED BY RISING INTEREST RATES, WHICH DOES NOT BODE WELL WITH THE $27-29 TRILLION DEBT.

US$ FROM OUR 80''S RESEARCH

IS LOOKING FOR 85.00.

WE''RE NOW BELOW 90.00

WHICH IS A MAJOR PSYCHOLOGICAL & TECHNICAL AREA, WHICH COULD ACCELERATE ALGORYTHMIC SELLING!

GRAINS HAVE ACCELERATED ALONG WITH BITCOIN, SILVER, GOLD & S&P''S.

ENERGIES & SOFTS WILL EVENTUALLY FOLLOW.

HISTORY IS REPEATING ITSELF

FROM THE POST WWI 1918 FLU PANDEMIC, WHICH ORIGINATED IN CHINA AND KILLED 50 MILLION

THE ROARING TWENTIES FOLLOWED FROM ALL THE PENT UP DEMAND AND RESUMPTION OF LIFE & TRAVEL.

WE COULD SEE THE DOW TRADE

35,000, POSSIBLY 40,000, IF G.D.P.

GOES TO 4-5%.

LET''S NOT FORGET WHAT FOLLOWED THE ROARING 1920''S

ON OCTOBER 29th, 1929.

GOLD COULD SEE $2,500

SILVER $50-$75

BITCOIN $50,000

Jewelry: 90,718 tonnes

Private investment: 40,035 tonnes Official sector: 32,575 tonnes

Other: 26,711 tonnes

According to the World Gold Council, approximately 190,040 tonnes of gold have been mined throughout history.

According to the U.S. Geological Survey, there are 57,000 metric tons of current underground reserves.

United States has a gold reserve worth $373 billion.

1) United States ($373.4 billion)

2) Germany ($154.7 billion)

3) Italy ($112.6 billion)

4) France ($111.8 billion)

5) Russia ($99.6 billion)

6) China ($86.6 billion)

7) Switzerland ($47.7 billion)

8) Japan ($35.1 billion)

9) India ($28 billion)

10) Netherlands ($28 billion)

Altogether, if all gold was placed next to each other, the cube of pure gold that’s created would measure around 21 meters on each side.

GOLD HOMEWORK & DATA CAME

FROM FORBES.

HAPPY, HEALTHY & PROSPEROUS TRADING IN THE NEW YEAR!!

Disclaimer: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this letter are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.

Trading Hours for New Year''s below.

Daily Levels for December 31st 2020

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 10 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: www.BetterTrader.co

All times are Pacific Time ( Los Angles)

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Greetings!

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Daily Blog

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Cannon Trading wishes you a very Happy Holiday Season! Thank you for choosing Cannon during this challenging year. We look forward to continuing to provide you with excellent service in 2021

The trader’s prayer

May I never be facing north when the markets headed south, and may locked limit always be on my side. 🤜🏼

May the money left on the table be someone else’s and may my pockets be deeper than the correction.

✋ May I always be 5 minutes ahead of the market, And may my order have a clear path to the pit.

✋ And if this one is a winner, I swear I quit!

Daily Levels for December 24th 2020

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 10 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers FX trading. Try FX Pro demo free and see why it''s called PRO

Economic Reports

provided by: www.BetterTrader.co

All times are Pacific Time ( Los Angles)

Good Trading!

About: Cannon Trading is an independent futures brokerage firm established in 1988 and located in the heart of the Beverly Hills financial district. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Cannon Futures Weekly Letter Issue # 1034

Greetings!

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Trading 201: (Day) Trading Futures vs. ETFs, Stocks

By: John D Thorpe, Cannon Trading Senior Commodities Broker

According to the Wall Street Journal, assets in Exchange Traded Funds (ETFs) have grown to roughly $2 trillion dollars since their inception. Exchange Traded Funds were created to compete with the $20 trillion dollar Mutual Fund Market as it was the only market in which you could achieve broad class diversity outside of individual stocks. ETFs were also designed to overcome the drawback that mutual funds could only settle on the close of daily business at their Net Asset Value (NAV). Previously, broad diversification across market sectors could only be purchased or sold at the close of the business day based on the equity, bond or raw material elements included in the weighted averages of every component of the sector mutual fund—thus, ETFs came into play.

The first Exchange Traded Fund, the Spider or SPDR, was the S&P 500 depository receipt which was designed to track the S&P 500 stock market Index and began trading in January of 1993. No longer could an investor achieve broad market exposure on just the close of the business day, but could now buy and sell the broad market at any time throughout the trading day. Market makers and specialists provided liquidity for ETFs and continue to do so today.

During the May 2010 so called “Flash Crash”, the NYSE cancelled all trades .....

To Read the rest of the article, click here

Gold Snap Shot by Mark O''Brien, Senior Broker:

As can be the case in any asset, what starts as a moderate correction can turn into a dramatic washout. In the case of gold futures today, its ± $85 intra-day sell-off – easily slicing through $1900/ounce down to the mid-$1850 area – almost certainly involved margin and other money-oriented liquidations. As an added catalyst, look to the disappointing non-farm payroll numbers. Further soft U.S. economic data would point to lower inflationary concerns and tamp down on bullish sentiment for the precious metal.

The case for any price reversal will look for continued dollar weakness and the overall sentiment that demand improvement for commodities across the board will continue tracking its established 3-4-month uptrend as the markets look through current events.

To access a free trial to the ALGOS shown in the chart along with other tools, visit and sign up for a free trial for 21 days with real-time data.

Would you like to get daily support & resistance levels?

Yes

Select

No

Select

Daily Levels for January 11, 2021

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Date Reports/Expiration Notice Dates

Good Trading!

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.

Services

Software

Tools

Community

Contact

Cannon Trading Company

9301 Wilshire Boulevard

Suite 515

Beverly Hills, CA 90210

(800) 454-9572

Visit Our Website

Unsubscribe @

Update Profile |

Sent by info@cannontrading.com

Try email marketing for free today!

.emailview

Data Name	Data Type	Options
Have you traded before?	Text Box
First name	Text Box
Last name	Text Box
Email	Text Box
Phone (mobile)	Text Box
Phone	Text Box
	dropdown	--None--
	dropdown	--None--
	dropdown	--None--
	checklist	0-10 Round Turns 10-50 Round Turns 50-100 Round Turns 100-250 Round Turns 250+ Round Turns Markets Traded
	checklist	Minis
	checklist	Metals
	checklist	Options
	checklist	Currencies
	checklist	Energies
	checklist	Indices
	checklist	Meats
	checklist	Softs
	dropdown	--None--
	dropdown	--None--
	dropdown	--None--
	dropdown	--None--
	tel

Start Searching Today!

Cannon Trading Sign Up Information

Email Address

Your Name

Your Address

Phone Number

Post-Registration Data

Validation

Membership Emails

Comments about cannontrading

Recently added URLs

Top 10 Search URLs

Top 10 Categories