B0 775

The first bar of the day opened just above where the previous day had closed. It traded up a few ticks in the next ten minutes, and then began to move down.

I had placed a buy order above the high of yesterday's closing bar, and a sell order just underneath the low. The Ross hook was still in effect, so I had a sell order there, too.

Prices took out my sell stop at 851, and I was short a ten lot. My cost covering objective was 841 MIT. 1 was filled at 842 on a bounce off the low at 841. I pulled my stop to breakeven.

The market then began to move up, but closed below my breakeven stop.

The next hour didn't bring much action, so I left everything in place.

The next hour didn't bring much action, so I left everything in place.

The third bar of the day was a doji, so I brought my protective stop to just above its high.

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