Daily Support & Resistance Levels and Other valuable Info for Futures Traders...

Trading Levels for Nov. 16th 2021:
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Quick look at Natural gas on our daily blog along with reports for tomorrow.

Levels for Nov. 17th below:

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Happy Thanksgiving!


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Levels for Friday, short trading day ( start trading February gold, March silver and March copper this Friday if trading):

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Levels for Nov. 30th below.
You should be trading March financials, grains, copper, silver. February gold.

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Levels for Dec. 1st below, few tips, pointers of personal opinion:

When volatility spikes, Risk management and trade management become more important than buy/sell signals in my opinion.

  1. Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
  2. Adjust stops and entries based on volatility ( ATR/ Parabolics).
  3. Be extra picky on entries without chasing trades.
  4. Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.
  5. Focus more on risk management and ways to protect certain positions as needed. Survive to trade another day.
  6. Consider possibly utilizing short term options rather than futures.


Useful link, just in case - -Example, cotton was down limit today.

https://www.cmegroup.com/trading/price-limits.html

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