Proper "Price TA" would have had the longs out @ 120-130 for both. Problem comes in when the trader presumes a dip to be a "noise counter which should be ridden-out". Lots of times it is, sometimes not. This one was a "NOT"... and with unfortunate and extreme consequences. The Lesson... If you trade a vehicle which has even the possibility of screwing you over big-time, you must trade it technically and conservatively. That includes anything on high leverage. I've stated repeatedly... "If you trade on leverage, you run the risk of ruination... and it takes only one time to wipe out even 20 years of gains.... and possibly even more." If you didn't believe it before, you should now. This is not a one-off case!