Thursday, February 26, 2015

Day 2

So yesterday's buy at support had very little movement up.  The stop loss was hit right below the minor support line of 211.2.  Price started making its way to the 10 day moving average at 210.62 early on when we got another buy signal (red highlighted circle) which made for a decent 50 cent scalp only to see price come back to test the 10 day moving average again.  That was pretty much it for the day.  Just as a side note I don't usually hold positions overnight useless I see a strong trend day that could bleed into the next day.  There will always be opportunity every day so no need to expose myself to overnight risk.  

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