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We start todays episode with a trade plan on the 2 minute of KMX. We see that it has gapped up and decide how to form a trade plan from the information presented. Clay forms a trade plan to the long side. This chart forms an interesting dilemma since we have multiple moving averages that impact both our entry and stop loss locations. We see a large overextended candle that put many traders in the green right away. However, it never reached the intended target before continuing to head south. If you made money on this trade it really was dependent on how you chose to trail your winner.