Run On Stops In Crude. It appeared like Crude Oil Futures were going break resistance and head higher. Then we ended up going up and running stops which provided some nice shorting opportunities.
Simple Renko Set Ups. Sometimes “K.I.S.S. (Keep It Simple Stupid) Works best. Simple Renko set ups provided several high probability trade opportunities today.
Confluence Rip In Crude Oil Futures. Early in the session Crude Oil Futures were all over the place. Then the 30 minute chart got into confluence with the 240 minute chart and Crude ripped higher
Why Trading The ES Futures To The Long Side Worked Best This Morning. Based on the higher time frame charts. There was only one direction to to trade The ES Futures.
Trading Momentum In Crude. We were getting bullish price action in Crude Oil Futures. However we were still negative on momentum and Crude struggled to go higher. Once Momentum went positive, Crude made a nice move up
Bullish Move In Crude After The Report. Today was EIA day for Crude Oil Futures. The market mostly chopped before the release. The report was bullish and crude ended up making a decent move higher.