I had until about noon to look at the markets and decided to work with LVS. It went well: all four practice trades were clean and no losers. I did exit far too early on the first three because any of them would have been great trades to hold through the noon hour. Hindsight is 20/20.
No matter.
On the fourth, I took a reversal play, exiting quickly considering the primary move of the day was down. Smart to do so because LVS did continue "South" for another 20 minutes or so before consolidating for 2 hours. During that 2 hour period it built a nice "triangle," using the 48.75 - 48.80 area as a base and the 2:20 pm doji at 48.84 as the acute angle/take-off point. An hour and fifteen minutes of almost uninterupted climb took place after that.
