Trade #6 of exercise:Recent high/low of the 60min chart ($568ish/$557ish). Waited for a higher low to form, used as risk and got calls to trade onto the next resistance area (~$575). **UPDATE** gapped down overnight below $560s. Waited to see if it would recover but cut it when it started doing new lows. In hindsight, I should've stayed on the sidelines given that it was trading between the 200 EMA and 200 SMA on the daily chart.