re-draw the chart

We weren't feeling too good today not that we are trying to avoid blame on that one little trade-so what $375
But i even said just a couple posts ago after making over $7000 on two trades-I could have extended my risk ratio a little $500 would have been acceptable an had I not gotten stopped obviously it got taken back up with the rest of the market- I am not complaining just analyzing in hindsight to evolve next time-A fellow analyst was telling me to get my money over to savings so I did not start to extend my risk-and this is actually a very smart guy- I must trade for me I don't want to change my game just because we crushed em end of last week beginning of this one.  But subtle adjustments must be made especially if we embrace the notion just two posts ago. So what happened is I let my game get slightly clouded by a fellow very intelligent trader who started to make me close my wings. All I have been saying since we started writing this is to use stops or you will lose all. Here is a case where tightened risk parameters incurred
a loss. SMall one to be sure $375 is nothing on the heels of a $1375 profit on the heels of a$5875 -but it did kind of wreck my flow and I took the rest of the day on the sidelines.





We re-examined the chart and a case in my opinion can be made that the buy channel was not breeched to the downside. Inventories loom and so does the dollar keep and eye on both
as we break down the API we will be back