Inside futures relevant trading-focused information authored by key players in the futures, options and forex industries k electric jobs 2016

Ilan Levy-Mayer has been a commodities broker for over 15 years, and holds an MBA in Finance and Marketing from Hebrew University in Jerusalem. Ilan is currently the Vice President and a Senior Broker at Cannon Trading Company . He is also a CTA of Levex Capital Management and his daily blog was voted the #1 Futures Blog from Trader’s Planet.

His experience in the industry dates from the beginning of online trading, and he has also developed several trading systems over the years. In addition, Ilan has written several articles about trading methods and trading psychology, and has been quoted and published several times in SFO magazine, Futures, and Bloomberg. He has been invited to speak at the Chicago Board of Trade, a significant distinction.

Disclaimer: 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 here in 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 judgement in trading.

WHEAT: Wheat prices over the past couple of weeks have been quite volatile nonetheless have a lower left to upper right trend. Moisture in the Red Wheat belt is still nonexistent. The heat maps still shows an extreme drought in much of the red winter Wheat belt, and if these maps are correct, the price of Wheat will see higher highs. For those that are naive to the subject, this is not so much a simple story of Wheat but more so a thesis on Red Wheat. Ill be making my annual trip through the heart of Red Wheat country in about two weeks and Im already receiving emails from farmers that the prognosis is grim for the area. However, Im still a believer that this phenomenon will sort itself out by late-July. Why? Rains will return to these hard hit drought areas and the knee-jerk reaction by the markets will be a sell the news event. What we will find is that markets once again have simply overreacted (markets tend to over and underreact, almost never get it right) to market hype and the bubble in Wheat will deflate, precipitously.

For farmers/producers looking to put on a hedge please give me a call for a no obligation free quote. Ill be more than willing to visit your farm and explain how a hedge works, obviously at not costs to you. Please visit our website: www.royalhighlandadvisors.com or call me at 920-319-1444. Email: phil@royalhighlandadvisors.com , phillip.mcknight@bath.edu or phil.mcknight@alumni.ucla.edu .

Trading the financial markets (stocks, futures, forex, options, etc.) can involve risk of loss. You should only consider risk capital when trading the financial markets. Please bear in mind that you as an investor could lose some or all of your investment when trading the financial markets. Please also bear in mind that past results are not necessarily indicative of future results.

Phil McKnight has a Bachelors Degree in Accounting from the University of Arkansas (Fayetteville), a Masters in Business Administration from Northeastern University, a PostGrad Diploma in Personal Financial Planning from the University of California (Los Angles, UCLA), and a PhD in Finance from the University of Bath (England, UK). Phil graduated with distinction/summa cum laude from UCLA.

WHEAT: Wheat prices over the past couple of weeks have been quite volatile nonetheless have a lower left to upper right trend. Moisture in the Red Wheat belt is still nonexistent. The heat maps still shows an extreme drought in much of the red winter Wheat belt, and if these maps are correct, the price of Wheat will see higher highs. For those that are naive to the subject, this is not so much a simple story of Wheat but more so a thesis on Red Wheat. Ill be making my annual trip through the heart of Red Wheat country in about two weeks and Im already receiving emails from farmers that the prognosis is grim for the area. However, Im still a believer that this phenomenon will sort itself out by late-July. Why? Rains will return to these hard hit drought areas and the knee-jerk reaction by the markets will be a sell the news event. What we will find is that markets once again have simply overreacted (markets tend to over and underreact, almost never get it right) to market hype and the bubble in Wheat will deflate, precipitously.

For farmers/producers looking to put on a hedge please give me a call for a no obligation free quote. Ill be more than willing to visit your farm and explain how a hedge works, obviously at not costs to you. Please visit our website: www.royalhighlandadvisors.com or call me at 920-319-1444. Email: phil@royalhighlandadvisors.com , phillip.mcknight@bath.edu or phil.mcknight@alumni.ucla.edu .

Trading the financial markets (stocks, futures, forex, options, etc.) can involve risk of loss. You should only consider risk capital when trading the financial markets. Please bear in mind that you as an investor could lose some or all of your investment when trading the financial markets. Please also bear in mind that past results are not necessarily indicative of future results.

Phil McKnight has a Bachelors Degree in Accounting from the University of Arkansas (Fayetteville), a Masters in Business Administration from Northeastern University, a PostGrad Diploma in Personal Financial Planning from the University of California (Los Angles, UCLA), and a PhD in Finance from the University of Bath (England, UK). Phil graduated with distinction/summa cum laude from UCLA.

In this blog, I want to share some short-term Elliott Wave charts of Crude Oilwhich we presented to our members in the past. Below, yousee the 1-hour updated chart presented to our clients on the 05/02/18 calling for more upside after ending the correction to the cycle from 09/04/18 in an Elliott Wave Flat correction in black ((a))-((b)).

Oil ended the cycle from 09/04 low, at the high of around 69.60 (04/19 peak) in red wave W. Up from there, it started a pullback to correct the cycle from 09/04/18. The pullback unfolded as a flat structure in black wave ((a))-((b)). Due to the bullish sequence stamp, we advised members that the right side remains to the upside. Therefore, we suggested members buying Oil at the equal legs of 66.93-65.42. You can see in the chart, that oil already bounced higher from that area. Therefore, we went with the more aggressive view, in calling the correction in red wave X completed. Crude Oil 05.02.2018 1 Hour Chart Elliott Wave Analysis

In the last Elliott Wave chart, you can see that Oil rallied to the upside, confirming that red wave X was in place. The rally is currently unfolding as 5 waves impulsive from 05/01/18 low. So any trade from the equal legs 66.93-65.42 areas should be risk-free by now, targeting higher levels. As long as the market stays above 66.87, it should continue its rally. Crude Oil 05.04.2018 1 Hour Chart Elliott Wave Analysis

ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, cycles, proprietary pivot system, we provide precise forecasts with up-to-date analysis for 42 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary actionable trade setups, market overview, 1 Hour, 4 Hour, Daily & weekly wave counts. Weekend webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.