My first entry is on weakness at the PDH ($49). That level was tested yesterday without success. The second entry was a triangle play. The range contraction lead to the expansive move down. Price found support at $47.70 which was the ascending 20MA in the 15 min chart.
I am still trading with fear to loose and in the "trading not to loose" frame of mind. I need to trust the setups I see and keep the original stops in place. It was a positive day, but it could have been much better.
2 comments:
damn... that second entry was sick. Congrats and nice rebound.
I like your second entry. The 15 MIN chart looked great - NRIB. The moving average cross pushed it down nicely.
Tyler
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