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An Introduction to CannonPro (and other futures trading platforms)

An Introduction to CannonPro (and other futures trading platforms)
Futures trading platforms have become an essential tool for traders in the futures market. These platforms provide traders with the ability to access market data, analyze market trends, and execute trades in real-time. There are many futures trading platforms available in the market, each with its unique features and capabilities. One such platform is CannonPro, offered by Cannon Trading Company. In this article, we will compare CannonPro to other futures trading platforms and examine its key features and benefits.

First, let us consider the importance of a futures trading platform. A futures platform is a software application that provides traders with access to market data and allows them to execute trades in real-time. These platforms offer a range of features, including charting tools, technical indicators, and risk management tools, which allow traders to analyze market trends and make informed trading decisions. Additionally, futures platforms provide traders with access to a range of trading instruments, including commodities, currencies, and interest rates, which can be traded in a range of markets, including futures exchanges.

One of the most significant benefits of using a futures trading platform is the ability to execute trades in real-time. This means that traders can react quickly to changes in market conditions and take advantage of opportunities as they arise. Additionally, futures trading platforms offer a range of order types, including market orders, limit orders, and stop orders, which allow traders to customize their trading strategies and manage their risk exposure.

Now let’s look at CannonPro from Cannon Trading Company. CannonPro is a futures trading platform that offers a range of features and benefits for traders. One of the key advantages of CannonPro is its user-friendly interface, which makes it easy for traders to access market data and execute trades. Additionally, CannonPro offers a range of trading tools, including charting and technical analysis tools, as well as risk management tools such as stop-loss orders.

Another key benefit of CannonPro is its connectivity to multiple futures exchanges. This means that traders can access a range of markets, including commodities, currencies, and interest rates, and can trade a variety of futures contracts, including futures options and mini contracts. Additionally, CannonPro offers low commission rates and competitive pricing, which makes it an attractive option for traders looking to minimize their trading costs.

When comparing CannonPro to other futures trading platforms, there are a number of factors to consider. One of the key considerations is the range of features and tools offered by the platform. For example, some platforms offer advanced charting tools and technical indicators, while others focus more on risk management tools and order types. Additionally, some platforms may offer access to a wider range of markets or exchanges, while others may offer more competitive pricing.

Another important factor to consider when comparing futures trading platforms is the level of customer support and service offered. Some platforms may offer 24/7 customer support, while others may have limited support hours or rely more on self-help resources such as tutorials and documentation. Additionally, it is important to consider the level of security and reliability offered by the platform, including the use of encryption and other security measures to protect user data and prevent unauthorized access.

In conclusion, futures trading platforms are an essential tool for traders in the futures market. These platforms offer a range of features and benefits, including real-time market data, advanced trading tools, and the ability to execute trades in real-time. CannonPro, offered by Cannon Trading Company, is a popular futures trading platform that offers a range of features and benefits for traders. When comparing CannonPro to other futures trading platforms, it is important to consider factors such as the range of features and tools offered, the level of customer support and service, and the level of security and reliability provided by the platform. By carefully evaluating these factors, traders can select a futures trading platform that best meets their needs and objectives.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. 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.

Why do I need a Commodities Broker?

commodity brokers

Commodity brokers are professionals who assist clients in buying and selling commodities, such as agricultural products, energy, metals, and other raw materials. They act as intermediaries between buyers and sellers in the commodity markets and provide various services related to commodity trading.

One of the primary benefits of using a commodity broker is that they offer specialized knowledge and expertise in the commodity markets. They stay up to date with market trends, news, and events that could impact the prices of commodities. They also have access to a wide range of resources and tools, such as market analysis, research reports, and trading platforms, that can help clients make informed decisions about their trades.

Another advantage of using a commodity broker is that they provide access to a broader range of commodity markets than most individual traders can access. For example, if a trader wants to invest in the wheat market, they may not have access to all the different wheat contracts available. However, a commodity broker can provide access to a broader range of wheat contracts, as well as other related markets, such as corn and soybeans.

Commodity brokers also offer personalized service and support to their clients. They work closely with their clients to understand their trading goals, risk tolerance, and investment strategies. They can provide advice and guidance on commodity trading, such as when to enter or exit a trade, how to manage risk, and how to maximize returns. They can also offer customized trading solutions based on the client’s unique needs and preferences.

In addition, commodity brokers can provide access to various trading instruments, such as futures contracts and options. Futures contracts are agreements to buy or sell a specific commodity at a predetermined price and date in the future. Options give the holder the right, but not the obligation, to buy or sell a commodity at a specific price and date in the future. Commodity brokers can help clients choose the best trading instruments for their investment goals and risk profile.

Commodity brokers also offer competitive pricing and fees for their services. They typically charge a commission for each trade. The commission rates may vary depending on the type of commodity, the trading volume, and other factors. However, commodity brokers often offer lower commissions than traditional brokers, making them an attractive option for commodity traders.

Another benefit of using a commodity broker is that they can provide access to margin trading. Margin trading can increase their potential profits but also increase their risk. Commodity brokers can help clients understand the risks and benefits of margin trading and provide guidance on how to use it effectively.

Finally, commodity brokers offer convenience and flexibility in commodity trading. They provide online trading platforms that allow clients to access commodity markets from anywhere and at any time. They also offer mobile trading apps that enable clients to trade commodities on the go. Moreover, commodity brokers offer a range of account types, such as individual, joint, corporate, and retirement accounts, to suit different client needs.

In conclusion, commodity brokers offer a range of benefits to traders who want to invest in commodities. They provide specialized knowledge and expertise in commodity trading, access to a broad range of markets and trading instruments, personalized service and support, competitive pricing and fees, access to margin trading, and convenience and flexibility in trading. Therefore, if you are interested in commodity trading, it is worth considering using a commodity broker to help you achieve your investment goals.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

DisclaimerTrading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  Past performance is not indicative of future results. 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.

Gold to Silver Ratio + Futures Trading Levels for April 19th 2023

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What is the Gold to Silver Ratio?

By John Thorpe, Senior Broker

As inflation has taken the top step in conversations about the global economy and the resultant effects that longer term inflation has on purchasing power we have begun to witness precious metals prices rise for a number of reasons. I suggest current demand for these metals are reflecting inflationary hedges, deflationary protection, supply constraints and Geopolitical uncertainty, especially in the age of Fiat currency. Many “Gold Bugs” follow what is called the Gold /Silver ratio. The gold-to-silver ratio is a measure of how many ounces of silver it takes to buy one ounce of gold. It is calculated by dividing the current price of gold by the current price of silver.

Historically, the gold-to-silver ratio has fluctuated widely. In ancient Rome, the ratio was set at 12:1, meaning it took 12 ounces of silver to buy one ounce of gold. In the 20th century, the ratio averaged around 47:1, but has ranged from as low as 16:1 during times of economic prosperity to as high as 100:1 during times of economic crisis.

Today, the gold-to-silver ratio is often used as an indicator of economic health. When the ratio is low, it is seen as a sign of a strong economy and bullish market sentiment, as investors are willing to take on more risk and invest in silver. When the ratio is high, it is seen as a sign of economic uncertainty or a bearish market sentiment, as investors flock to gold as a safe-haven asset.

Today the Ratio is @ 79.83 and dynamic. Here is graphical representation of 100 years of data provided by Macrotrends.com

It’s important to note that the gold-to-silver ratio is just one indicator among many that investors use to assess market conditions, and should not be relied on in isolation.

 

 

Plan your trade and trade your plan. 

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 when it comes to Futures Trading.

Futures Trading Levels

4-19-2023

 

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

 

Economic Reports, Source: 

Forexfactory.com

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

CPI + Minutes + 04.12.2023 Trading Levels

Get Real Time updates and more on our private FB group!

 

After two days of very light volume in stock index futures, I suspect tomorrow will be a different ball game.

CPI Tomorrow! The CPI will be critical to the inflation outlook for Fed policymakers.

Previous CPI reports have created velocity logic events in the stock indices at the CME.

Please read more details about velocity logic and price banding HERE.

The above reports will Bookend the FOMC minutes release @1pm CT on tomorrow.

If you recall the FED Meeting Black out period was before the Bank issues so don’t expect too much verbage about the banking situation in this report.

 

Plan your trade and trade your plan. 

First Notice and Last trading Days for the month of May below

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 when it comes to Futures Trading.

Futures Trading Levels

4-12-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here

 

Economic Reports, Source: 

Forexfactory.com

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

FOMC Tomorrow + 03.22.2023 Trading Levels

Get Real Time updates and more on our private FB group!

 

 

FOMC Tomorrow

 

The following are my PERSONAL suggestions on trading during FOMC days:

 

·    Reduce trading size

·    Be extra picky = no trade is better than a bad trade

·    Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 3925.00 with a stop at 3919.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 3919.75 and place a stop a few points below in this hypothetical example ( consider current volatility along with support and resistance levels).

·    Expect the higher volatility during and right after the announcement

·    Expect to see some “vacuum” ( low volume, big zigzags) right before the number.

·    Consider using automated stops and limits attached to your entry order as the market can move very fast at times.

·    Keep in mind statement comes out at 1 Pm Central time, the news conference which dissects the language comes out 30 minutes later so the volatility window stretches out.

·    Know what the market was expecting, learn what came out and observe market reaction for clues

·    Be patient and be disciplined

·    If in doubt, stay out!!

 

A Cannon broker will be able to assist, provide feedback and answer any questions.

 

 

Micro E-mini Futures and Options Webinar

Access new markets with the enhanced suite from CME Group

CME Group invites you to attend an online event focusing on the Micro E-mini futures and options suite on Wednesday, March 22.

Join us as Craig Bewick, Senior Director of Client Development & Sales, and Paul Woolman, Global Head of Equity Products, discuss the trading performance and rise in liquidity of Micro E-mini Equity futures and options. In addition, they will cover recent enhancements to the suite, including the introduction of Micro E-mini S&P MidCap 400 and SmallCap 600 futures as well as the Micro E-mini Monday-Thursday Weekly options.

Follow the link below to register for this online event. Further instructions will be provided following registration.

REGISTER HERE 

DATE:

March 22, 2023

TIME:

8:00 a.m. – 9:00 a.m. (CT)

1:00 p.m. – 2:00 p.m. (GMT)

 

 

 

Plan your trade and trade your plan. 

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 when it comes to Futures Trading.

Futures Trading Levels

3-22-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here

 

Economic Reports, Source: 

Forexfactory.com

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.