March 16, 2012 - Issue #627

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In This Issue

1. The Three Phases of a Trader's Education
2. Webinar - Price Action and Order Flow, Finding the Winning Edge
3. Economic Calendar

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Featured Articles This Week

a. If the Economy's "Recovering," Why is the Largest-Ever U.S. City Bankruptcy on the Horizon?
b. A Two-Bar Pattern that Points to Trade Setups
c. Do Low Interest Rates Power Stocks Higher?

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1. The Three Phases of a Trader's Education

By Elliott Wave International

You've probably heard talk about "market uncertainty" in the financial news recently. But when are the market trends ever certain? The constant uncertainties contribute to your frustrations as a trader, and you need to have a method for dealing with the ups and downs. Every successful trader has one.

Since 1999, Elliott Wave International's senior analyst and trading instructor Jeffrey Kennedy has produced hundreds of trading lessons exclusively for his subscribers. One of these lessons, "The Three Phases of a Trader's Education," gives you Jeffrey's tips on becoming a consistently successful trader.

Read it here. We hope you'll find it helpful.

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2. Webinar - Price Action and Order Flow, Finding the Winning Edge

Join us for a Webinar on March 20th.

Space is limited.
Reserve your Webinar seat now here.
Cannon Trading is hosting Greg Weitzman of TheTradingZone.com for a webinar - Price Action and Order Flow, Finding the Winning Edge

Order flow, Price Action is a non lagging indicator. Find out how to use it and get The Winning Edge on your trades Regardless of which trading system you are currently using, Price Action will help to improve your execution.

Order flow knowledge is a tool every day-trader should have in their arsenal.
Learning to use order flow will help you:
1. Filter out poor entries
2. Use smaller stops
3. Take less "heat" on trades

Join Greg Weitzman, president and founder of TheTradingZone as he walks you through how he uses Price Action and Order flow as a trade execution technique.

SEATS ARE LIMITED, SO DON'T MISS THIS SPECIAL FREE WEBINAR!

Risk: 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.

Title:
Price Action and Order Flow, Finding the Winning Edge
Date:
Tuesday, March 20, 2012
Time:
3:30 PM - 4:30 PM CDT

After registering you will receive a confirmation email containing information about joining the Webinar.
System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server
Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer

3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
3/16
Fri
7:30 AM CDT - Dairy Products Prices 7:30 AM CDT - Core CPI & CPI(Feb) 8:15 AM CDT - Capacity Util & Industrial Prod(Feb) 8:55 AM CDT - Mich Sentiment(Mar) FN: Mar Lumber(CME) LT: Mar DJIA(CME) Mar E-Mini S&P 500(CME) Mar E-Mini NASDAQ(CME) Mar Russell(CME) Mar US Dollar Index(CME) Mar DJIA Options(CME) Mar E-Mini S&P 500 Options(CME) Mar E-Mini NASDAQ Options(CME) Mar Russell Options(CME) Apr Orange Juice Options(ICE)
3/19
Mon
9:00 AM CDT - NAHB Housing Market Index(Mar) 2:00 PM CDT - Milk Production LT: Mar Currencies(CME) Mar Eurodollar(CME) Mar Eurodollar Options(CME)
3/20
Tue
7:30 AM CDT - Housing Permits & Building Permits(Feb) LT: Mar Canadian Dollar(CME) Mar Coffee(ICE) Apr Crude Lt(NYM)
3/21
Wed
6:00 AM CDT - MBA Mortgage Purchase Index 9:00 AM CDT - Existing Home Sales(Feb) 9:30 AM CDT - API & DOE Energy Stats LT: Mar 10 Year Notes(CBT) Mar Bonds(CBT) Apr Platinum(NYM) Apr Palladium(NYM)
3/22
Thu
7:30 AM CDT - Initial Claims-Weekly 9:00 AM CDT - FHFA Housing Price Index(Jan) 9:00 AM CDT - Leading Indicators(Feb) 9:30 AM CDT - EIA Gas Storage 2:00 PM CDT - Cold Storage 3:30 PM CDT - Money Supply FN: Apr Crude Lt(NYM)
3/23
Fri
7:30 AM CDT - Dairy Products Prices 9:00 AM CDT - New Home Sales(Feb) 2:00 PM CDT - Cattle On Feed LT: Apr 2,5,10 Year Notes Options(CBT) Apr Bonds Options(CBT) Apr Corn Options(CBT) Apr Wheat Options(CBT) Apr Oats Options(CBT) Apr Rough Rice Options(CBT) Apr Soybeans Options(CBT) Apr Soymeal Options(CBT) Apr Soyoil Options(CBT)
3/26
Mon
9:00 AM CDT - Pending Home Sales(Feb)  
3/27
Tue
8:00 AM CDT - Case-Shiller 20-City Index(Jan) 9:00 AM CDT - Consumer Confidence(Mar) LT: Apr Copper Options(CMX) Apr Gold Options(CMX) Apr Silver Options(CMX) Apr Heating Oil Options(NYM) Apr RBOB Gasoline Options(NYM) Apr Natural Gas Options(NYM)
3/28
Wed
6:00 AM CDT - MBA Mortgage Purchase Index 7:30 AM CDT - Durable Orders(Feb) 9:30 AM CDT - API & DOE Energy Stats LT: Mar Copper(CMX) Mar Gold(CMX) Mar Silver(CMX) Mar Platinum(NYM) Mar Palladium(NYM) Apr Natural Gas(NYM)
3/29
Thu
7:30 AM CDT - USDA Weekly Export Sales 7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - GDP-Third Estimate(Q4) 7:30 AM CDT - GDP Deflator-Third Estimate(Q4) 9:30 AM CDT - EIA Gas Storage 3:30 PM CDT - Money Supply FN: Apr Heating Oil(NYM) LT: Mar Butter(CME) Mar Feeder Cattle(CME) Mar Milk(CME) Mar Butter Options(CME) Mar Feeder Cattle Options(CME) Mar Milk Options(CME)

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* 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!