That means the bullish narrative is looking clearer, especially now that the technical picture is confirming strength. Here is the outlook on crude as well as crude oil stocks.

One of the many tools I make available free to Simpler Futures members are the multicharts and trade flags layout. This allows traders to see relative performance accurately at-a-glance. In this case, a great pullback buy was captured by members, and here’s the anatomy of the trade.

There are days that I reel my daytrades in before lunch and days that I give a trade more latitude to keep trending. Here is the simple technique I use to know when to expect a trend and when not to.

Today, as in many days, we see the bulk of the movement occur before the 9:30 bell. Today’s action, however, did trigger a bearish breach and offered up some retest and retreat entries for shorts. Narrow range? No problem, wait for the trigger and don’t get too greedy. Here is a walk-through of the Dow.

Sure, trading is about controlling risk, but the other side of the risk control coin is knowing when to take profits. In this video I explain how we managed today’s bullish but choppy session.

In this walk-through of the morning’s setups, I explain the use of the clearing range tool as well as the projected highs and lows of the hourly price movement range.