What you need to know before trading futures tomorrow

Discussion in 'Commodity Futures' started by CannonTrading_Ilan, Sep 15, 2020.

  1. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Trading Levels for Nov. 16th 2021:
    upload_2021-11-15_13-39-34.png
     
    #281     Nov 15, 2021
  2. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Quick look at Natural gas on our daily blog along with reports for tomorrow.

    Levels for Nov. 17th below:

    upload_2021-11-16_13-28-13.png
     
    #282     Nov 16, 2021
  3. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #283     Nov 17, 2021
  4. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #284     Nov 22, 2021
  5. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #285     Nov 23, 2021
  6. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Happy Thanksgiving!


    [​IMG]

    Levels for Friday, short trading day ( start trading February gold, March silver and March copper this Friday if trading):

    upload_2021-11-24_13-9-7.png
     
    #286     Nov 24, 2021
  7. Overnight

    Overnight

    There is something your grid is not showing, that being how good dairy traders get it at the CME...

    dairytraders get vacations.JPG

    A full FIVE DAY VACATION! Bastuds! I knew I should have started a campaign to get Class IV milk futures into the mainstream!
     
    #287     Nov 24, 2021
    CannonTrading_Ilan likes this.
  8. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Levels for Nov. 30th below.
    You should be trading March financials, grains, copper, silver. February gold.

    upload_2021-11-29_13-18-2.png
     
    #288     Nov 30, 2021
  9. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Levels for Dec. 1st below, few tips, pointers of personal opinion:

    When volatility spikes, Risk management and trade management become more important than buy/sell signals in my opinion.

    1. Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
    2. Adjust stops and entries based on volatility ( ATR/ Parabolics).
    3. Be extra picky on entries without chasing trades.
    4. Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.
    5. Focus more on risk management and ways to protect certain positions as needed. Survive to trade another day.
    6. Consider possibly utilizing short term options rather than futures.


    Useful link, just in case - -Example, cotton was down limit today.

    https://www.cmegroup.com/trading/price-limits.html

    upload_2021-11-30_13-21-41.png
     
    #289     Nov 30, 2021
  10. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #290     Dec 1, 2021