{"id":16,"date":"2022-08-29T14:33:04","date_gmt":"2022-08-29T14:33:04","guid":{"rendered":"https:\/\/www.e-futures.com\/blog\/?p=16"},"modified":"2022-08-29T14:33:04","modified_gmt":"2022-08-29T14:33:04","slug":"weekly-newsletter-1112-trading-futures-spreads-futures-support-resistance-levels-for-the-week-ahead","status":"publish","type":"post","link":"https:\/\/www.e-futures.com\/blog\/weekly-newsletter-1112-trading-futures-spreads-futures-support-resistance-levels-for-the-week-ahead\/","title":{"rendered":"Weekly Newsletter 1112: Trading Futures Spreads + Futures Support Resistance Levels for the Week Ahead"},"content":{"rendered":"

Cannon Futures Weekly Newsletter Issue # 1112<\/strong><\/h3>\n

Dear Traders,<\/p>\n

\n
\n
Like us on FaceBook!<\/div>\n
www.facebook.com\/CannonTrading<\/a><\/div>\n<\/div>\n<\/div>\n
\n
\n
Get Real Time updates and\u00a0market alerts on Twitter!<\/a><\/div>\n<\/div>\n<\/div>\n
<\/div>\n
<\/div>\n
\n

Trading 201: Trading Futures Spreads \u2013 Basic But Important Strategy<\/h3>\n
<\/div>\n
\u201cA Basic And Important Strategy For Commodities Traders Using Spread Trading.\u201d<\/div>\n
<\/div>\n
By: Mark O\u2019Brien, Cannon Trading Commodities Broker<\/div>\n
<\/div>\n
Over my 20+ year career as a\u00a0commodities broker<\/a>, I have studied and traded a wide range of approaches to trading the futures markets.\u00a0From candlestick formations to the commodity channel index, from condors to turtle trading, there\u2019s an enormous catalog of tools and methods available for traders to consider.<\/div>\n
<\/div>\n
One method I have noticed is surprisingly underrepresented among retail traders is futures spread trading, where a single position in the market consists of the simultaneous purchase of one futures contract and sale of a related futures contract as a unit.\u00a0I call it surprising because some of the most invested players in futures trading \u2013 and arguably the most sophisticated \u2013 include large speculators and commercial firms who regularly employ spreads.\u00a0This includes traders in the markets who often actually buy and sell the physical commodities we trade.\u00a0Farmers, ranchers and other food growers along with food producers, petroleum companies who either drill for oil or natural gas or refine these products \u2013 or both, financial institutions with enormous holdings in treasuries, equities or currencies, mining interests and their buyers \u2013 all these areas of production and distribution employ spreads from time to time as an important aspect of their businesses.\u00a0Indeed, spread trading is a fundamental and essential part of the commodities futures markets.<\/div>\n
<\/div>\n
At the same time, despite the remarkable increase in interest and in the growth in the volume of the futures markets over the years, spread trading is typically dismissed by most other traders in search of a\u00a0trading strategy<\/a>.\u00a0With so much attention focused on other approaches related to straightforward directional trading (and within that category, day-trading) it\u2019s not difficult to see how spread trading can be overlooked.<\/div>\n
<\/div>\n
To read the remaining article on Trading Futures Spreads by Mark O\u2019Brien, please click here.<\/a><\/div>\n<\/div>\n

 <\/p>\n

 <\/p>\n

Market Pick Review for the Week:<\/h3>\n
September Natural Gas<\/a>\u00a0touched $10.028 per million British thermal units intraday this week, a 14-yr. high.<\/div>\n
<\/div>\n
\"Futures<\/div>\n
<\/div>\n
\n\n\n\n
\n
Would you like to get daily support & resistance levels?<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\n
Yes<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
\n
\n\n\n\n
\n
\"\"<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\n
No<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n
Select<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
\n
Good Trading<\/strong><\/div>\n<\/div>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 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.<\/p>\n

Futures Trading Levels<\/strong><\/h3>\n

08-16-2022<\/p>\n

<\/p>\n

Weekly Levels<\/h2>\n

<\/h3>\n

<\/p>\n

 <\/p>\n

Reports, First Notice (FN), Last trading (LT) Days for the Week:<\/h3>\n

https:\/\/mrci.com<\/a><\/p>\n

\n
\n
\n
Date Reports\/Expiration Notice Dates<\/div>\n
<\/div>\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading<\/p>\n","protected":false},"excerpt":{"rendered":"

Cannon Futures Weekly Newsletter Issue # 1112 Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Trading 201: Trading Futures Spreads \u2013 Basic But Important Strategy \u201cA Basic And Important Strategy For Commodities Traders Using Spread Trading.\u201d By: Mark O\u2019Brien, Cannon Trading Commodities Broker […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-16","post","type-post","status-publish","format-standard","hentry","category-e-futures-blog"],"_links":{"self":[{"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/posts\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/comments?post=16"}],"version-history":[{"count":1,"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/posts\/16\/revisions"}],"predecessor-version":[{"id":17,"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/posts\/16\/revisions\/17"}],"wp:attachment":[{"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/media?parent=16"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/categories?post=16"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.e-futures.com\/blog\/wp-json\/wp\/v2\/tags?post=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}