Friday, November 2, 2007

REX and BKN



Just thought I'd post a few charts so we can get a feel for how the system works.

REX, which is the top chart, is very lucky to still be in my portfolio! Just managed to close above the exit.

With BKN, the ATR trailing exit has quickly followed the price upwards, to lock in increasing levels of profit. However, when the price starts going down, the ATR trailing exit will just stay flat.

So, we can be pretty confident that BKN will be closed a winner.
In both cases, the entry is 4 bars ago, counting the most recent bar as 1. The date is per the spreadsheet (October 9th).

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