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Today we take a look at EXPE on the 2 minute chart. The alert was “dead bodies after a strong start.” We then go over what dead bodies entails (large red candle after candle). After a lengthy discussion for direction, we map out logical stop and target locations for our trade. While determining what type of entry to take we have a good discussion on what we can move in our trade plan and what we cannot. Those of you who cannot remember, go back and review RvR Trading. As we trail our winner, we are reminded that a RvR trader CAN go broke just by taking a profit. When we cut our winners short it reduces its effectiveness to cover our small losses. You see that this trade led to a decently larger gain than we initially planned (which is NEVER a bad thing).