Hi Nick,
It's funny that you should ask that question because the answer to it (as it relates to BOTH systems) just about kept me awake last night!!! I have the SAME issue with the Swing Index System i.e. what if you get an entry or stop and reverse signal (valid entries according to the system of course) and the bar closes and does not hit the order and the NEXT bar ALSO closes but only SLIGHTLY up or down from the previous bar. What do you do with the order??? It's not covered in the book!!! We'll have to help each other out on this one i.e. follow some trades through and see what the result of leaving the order / changing the order / removing the order would / should / could have been!!!
Thanks for the Volatility System info. I see / hear what you're saying about Gold. Gold is a problem for me (always has been) i.e. again the analysts are saying that it's going to go to $1 200 an ounce or more but the question is WHEN i.e. the last time they made a 'prediction' like this it took over six months to get there (and cost me a sh*tpile of money in the interim as you probably know). I can only assume that if Gold's VS SAR is penetrated it would be a short entry signal. The problem is: 'who knows'??? The last time these analysts predicted the Gold price not only did it take over six months to get to the price (as previously stated) BUT it ALSO corrected by MILES and MILES before it went up again. Short or long??? Correct or no??? I'm afraid I cannot help you on this one either!!! Sorry.
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