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

    Have a great weekend!
    Weekly newsletter with levels for Monday, article on "tight stops/ wide stops" and more now LIVE.

    Weekly levels below:

    upload_2022-4-22_13-37-46.png
     
    #401     Apr 22, 2022
  2. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Levels for Tuesday, April 26th

    upload_2022-4-25_13-7-56.png
     
    #402     Apr 26, 2022
  3. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Levels for Wednesday, April 27th below:

    upload_2022-4-26_13-3-26.png

    Daily chart of mini NASDAQ 100 futures for your review below with possible extended target for this sell off.

    upload_2022-4-26_13-7-34.png
     
    #403     Apr 26, 2022
  4. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Levels for April 28th:

    upload_2022-4-27_13-38-1.png
     
    #404     Apr 27, 2022
  5. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    upload_2022-4-28_13-8-56.png

    Earnings season is still in full swing and fueling an already very EXTREME volatile stock index futures like NQ, MES, YM and others.


    Tomorrow we have:


    Exxon Mobile

    Chevron

    Bristol-Myers Squibb

    Phillips


    Just to name a few. Add this to an active economic calendar you can view below and one should prepare oneself for continued volatility.



    The Friday options, which tomorrow are also end of month EOM options may be a good tool to:


    Either speculate with the short term options ( probably allow for better staying power than futures in my opinion)

    AND/OR


    Use as possible protection with the futures.


    Plan your trade, trade your plan!
     
    #405     Apr 28, 2022
  6. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Levels for May 3rd below:

    upload_2022-5-2_13-2-50.png
     
    #406     May 2, 2022
  7. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #407     May 3, 2022
  8. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    FOMC Rally....big question in my opinion is, will we have follow through or not tomorrow.
    Levels for Thursday, May 5th:

    upload_2022-5-4_13-3-58.png
     
    #408     May 4, 2022
    Axon likes this.
  9. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    NFP tomorrow. The Non Farm Payrolls report in a very volatile environment we are in can be interesting to say the least....be careful out there....

    upload_2022-5-5_13-20-10.png
     
    #409     May 5, 2022
  10. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #410     May 6, 2022