In This Issue
Reports and Expiration Notices
Free Trial for Real-time daily futures Updates and trade recommendations
Dave Register is a registered CTA who publishes daily commentary for Futures traders to use. He also provides low-risk trade recommendations for those traders who are too busy to follow the markets throughout the trading day. Dave uses specific stops and urges futures traders to never trade without perspective, that is to understand the inherent risk, use physical stops, not mental stops, do not overtrade and have an exit strategy.
Dave's background includes work in artificial intelligence and years of working with Elliott Wave theory and trade modules. Dave provides daily DAY-TRADE recommendations as well as SWING TRADE ideas.
Past hypothetical results are available upon request!
To start your free trial, please fill out this short form.
Below is an example and format of how the daily and the swing trade recommendations delivered to your desktop EVERY MORNING before the market starts.
We offer the option of trading these recommendations as "Auto trading," where qualified clients provide our brokers letter of direction to execute these trades on a daily basis.
(please note that this is an EXAMPLE ONLY and not a current recommendation!)
THERE IS RISK IN TRADING FUTURES AND PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
New Short Entries:
| Market | Order Type | Entry Price | If Filled Buy Stop * | If Filled Objective |
| S&P 500 E-mini December | Stop | 1199.75 | 1218.25 | 1185.25 |
| Russell 2000 E-mini December | Stop | 647.50 | 658.70 | 617.60 |
| Copper December | Stop | 179.30 | 183.05 | 170.80 |
| Euro December | Stop | 1.2045 | 1.2128 | 1.1870 |
| Soybeans January | Stop | 579 ¼ | 587 ¾ | 544 ¾ |
| Soymeal December | Stop | 171.50 | 175.00 | 156.30 |
* For stop entry orders, if the price opens at the start of pit trading below the entry price the protective buy stop price needs to be reduced by the difference between the entry price and the opening price.
New Long Entries
| Market | Order Type | Entry Price | If Filled Sell Stop * | If Filled Objective |
| Gold December | Stop | 470.40 | 461.70 | 478.60 |
| Australian dollar December | Stop | .7467 | .7390 | .7690 |
| Japanese yen December | Stop | .8629 | .8589 | .8757 |
| Cotton December | Stop | 53.64 | 52.29 | 55.95 |
| Cocoa December | Stop | 1401 | 1369 | 1468 |
* For stop entry orders, if the price opens at the start of pit trading above the stop entry price the protective sell stop needs to be increased by the difference between the opening price and the entry price.
Open Short Positions
| Market | Buy Stop Price | Objective Price |
| Dow Jones 30 December | 10573 | 10112 |
| 10-Year T-notes December | 108`21 | 106`28 |
| 30-Year T-bonds December | 112`05 | 108`17 |
| Canadian December | .8539 | .8405 |
| Crude Oil e-miNY December | 61.175 | 57.50 |
| Cocoa December | 1385 | 1269 |
| Orange Juice January | 121.60 | 106.75 |
| Live Cattle December | 90.90 | 81.75 |
Open Long Positions
| Market | Sell Stop price | Objective Price |
| Swiss franc December | .7786 | 8008 |
| Coffee December | Market on Open to Exit | --- |
| Corn December | 195 | 210 ½ |
| Soybeans January | 580 | 616 ½ |
| Bean Oil December | 22.50 | 23.95 |
The stop loss prices and the objective change daily. The stop loss orders should remain in effect during the night sessions for those markets that allow stop orders in their night sessions. The objective prices are for limit orders to exit the position and remain in effect in the night sessions. The entry orders for e-mini contracts are only for the duration of day sessions in the larger equivalent contract.
To begin your free trial, just fill out this short form!
Just fill out this short form or call 1-(800) 454-9572 to gain immediate access to the Chart of the Day.
Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading Inc. 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!
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 12/14 Thu |
7:30 AM CST - Export & Import Prices(Nov)
7:30 AM CST - USDA Weekly Export Sales 7:30 AM CST - Initial Claims-Weekly 9:30 AM CST - EIA Gas Storage 3:30 PM CST - Money Supply NOPA Crush |
LT: Dec Corn(CBT)
Dec DJIA(CBT) Dec Oats(CBT) Dec Soybean Oil & Meal(CBT) Dec Wheat(CBT) Dec S&P 500(CME) Dec Lean Hogs(CME) Dec Nasdaq 100(CME) Dec Value Line Options(KCBT) Dec Lean Hog Options(CME) |
| 12/15 Fri |
7:30 AM CST - CPI & Core CPI(Nov) 7:30 AM CST - NY Empire State Index(Dec) 8:00 AM CST - Net Foreign Purchases(Oct) 8:15 AM CST - Industrial Prod & Capacity Util(Nov) 8:50 AM CST - Michigan Sentiment-Prel(Dec) 2:00 PM CST - Dairy Products Prices |
LT: Dec E-mini S&P 500(CME)
Dec GSCI(CME) Dec Single Stock Futures Dec E-mini Nasdaq 100(CME) Dec E-mini Russell 2000(CME) Dec DJIA Options(CBT) Dec E-mini S&P 500 Options(CME) Dec Nasdaq 100 Options(CME) Dec S&P 500 Options(CME) Jan Orange Juice Options(NYBOT) |
| 12/18 Mon |
7:30 AM CST - Current Account(Q3)
|
FN: Dec Currencies(CME)
LT: Dec Eurodollar(CME) Dec U.S. Dollar Index(NYBOT) Dec Currencies(CME) Dec Coffee(NYBOT) Dec LIBOR(CME) Dec Eurodollar Options(CME) Dec LIBOR Options(CME) |
| 12/19 Tue |
7:30 AM CST - Housing Starts & Building Permits(Nov) 7:30 AM CST - PPI & Core PPI(Nov) |
FN: Dec Canadian Dollar(CME)
LT: Dec U.S. 5 & 10 Yr Notes(CBT) Dec U.S. Bonds(CBT) Dec Canadian Dollar(CME) |
| 12/20 Wed |
9:30 AM CST - API & DOE Energy Stats
|
|
| 12/21 Thu |
7:30 AM CST - GDP-Final(Q3) 7:30 AM CST - Chain Deflator-Final(Q3) 7:30 AM CST - USDA Weekly Export Sales 7:30 AM CST - Initial Claims-Weekly 9:00 AM CST - Leading Indicators(Nov) 11:00 AM CST - Philadelphia Fed(Dec) 9:30 AM CST - EIA Gas Storage 2:00 PM CST - Cold Storage 3:30 PM CST - Money Supply |
LT: Dec Value Line(KCBT)
|
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** 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 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!