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  1. CannonTrading_Ilan

    GAS

    I think the chart is definitely looking better and the forecasts are for colder November. We actually just wrote an in depth piece on natural gas, chart and fundamentals.
  2. CannonTrading_Ilan

    US Taxes on Long-Dated Contracts Held > 1 Yr

    While I am not tax professional, based on my experience in this business, it should be the normal short/long mix. Your tax rate is contingent upon your adjusted gross taxable income level and the 1099B Issued for your futures transactions. Your 1099B gain or loss will be taxed like all other...
  3. CannonTrading_Ilan

    Is OIL SERIOUSLY undervalued right now??

    For what its worth....here is a look at a monthly chart:
  4. CannonTrading_Ilan

    3 different charts of Brent crude Oil?

    would love to see larger images of the charts to possibly shed some light. Yes, if you use continuous charts or adjusted continuous charts you will see slight differences in the daily/ weekly even monthly charts. Since future contracts have expiration dates ( unlike stocks) and lean hogs for...
  5. CannonTrading_Ilan

    Advantages in /NG or /CL trade? Why Ricky Gutierrez trades only these products?

    I like CL for day trading, high level of "fear and greed" I like NG for swing trades better than day trades. Use range bar on CL ( 18 ticks) I like to use range bars/ Bollinger bands/ Price confirmation. You can see videos more info here.
  6. CannonTrading_Ilan

    VWAP on charts

    CQG, Sierra charts and our free platform e-futures Int'l
  7. CannonTrading_Ilan

    Can someone please explain...

    What do you mean it cost you $600 + commissions to get into the trade? was it an option or are you referring to the margin?
  8. CannonTrading_Ilan

    Noob question about futures

    lots of good advise I read above.... start slow keep journal have a game plan when it comes to money management be patient be disciplined.... be realistic
  9. CannonTrading_Ilan

    /PA anyone??

    Be careful, very volatile market with some wild moves either way. Explore using options along with futures if you do, perhaps look at correlation with Platinum as a possible spread. Notice volume is relatively thin for a futures contract.
  10. CannonTrading_Ilan

    Indicators - What indicator in your opinion is the best?

    combination of indicators/news/money management and much more.... Some of my personal opinions in videos below..... Using overbought/oversold: Range bars Bollinger bands: Price Confirmation:
  11. CannonTrading_Ilan

    Forex Futures free chart

    Yes. e-micro Australian dollar free chart: https://www.barchart.com/futures/quotes/MGZ19/overview e-micro British pound free chart: https://www.barchart.com/futures/quotes/MB*1/profile
  12. CannonTrading_Ilan

    Most commonly used study indicator in futures market ?

    Some dont believe in indicators whatsoever, some use them as a foundation for their trading. Depending on the style of trading you use certain indicators will work better than others. Most indicators are lagging and follow price action. here is a list of a few videos I put together for our...
  13. CannonTrading_Ilan

    Favourite news TV or other alert service for a busy futures scalper?

    There is a differences between news feed (our software has a free built in news feed) and an actual voice/live breaking news that you can hear while you trade along with instant analysis. I personally prefer the voice breaking news.
  14. CannonTrading_Ilan

    Favourite news TV or other alert service for a busy futures scalper?

    There are a few services I like personally and we offer free trials to all 3 ( PM me if you like to be set up or visit our FREE TRIAL page): TTN RAN Squawk BetterTrader App
  15. CannonTrading_Ilan

    ZC October 10th DEC19-JUL20 Spread

    to expand a bit more..... Any financial risk you take should include an exit plan for both an unsuccessful as well as a successful outcome. Trading futures and futures spreads is no exception. These can be determined based on a straightforward dollars and cents basis. In the case of futures...
  16. CannonTrading_Ilan

    ZC October 10th DEC19-JUL20 Spread

    Need to figure the game plan before entering the trade in my opinion and the answer will vary for diff. traders: for me personally, figure out max risk and exit based on CLOSING prices - not intraday
  17. CannonTrading_Ilan

    When Selling Options, What Delta & Expiration Date Do YOU Like?

    buying 1 dec silver 18.50 call and selling 2 dec silver 19.50 calls ( can be 2 by 4 or 10x20 - the ratio is 1:2) currently this spread is trading at a credit of approx. 5 cents or $250 per ratio spread. this is just an example, not a reco....
  18. CannonTrading_Ilan

    ZC October 10th DEC19-JUL20 Spread

    I asked my colleague Mark O'Brien who trades LOTS of spreads in diff. formats for his input, ( most of us in the office refer and use www.mrci.com when it comes to spreads): This is a classic “bull spread:” buying a front month and selling a deferred month. In theory, the supply/demand forces...
  19. CannonTrading_Ilan

    Understanding how bond sales affect 10 year price

    I have tried in the past to place limits away from market with auto bracket in the direction I liked for the market....was 50/50 at best.....
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