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Monday, July 24, 2006

Momentum Exhaustion Exit or MEEP

Exit is as important as Entry. We've had a working Entry System but Exit System was a mystery until recently.

We could use SuperTrend to follow the trend but it does not point to the Most Efficient Exit Point (MEEP).

Thanks ot Grey1 ( who is moderating TT thread on T2Win site), I am now applying multi TimeFrame exhaustion as one of the exits method.

Here is the trade


  • Sellshort entry @ 11015. ( Open after one Red Bar print )
  • Exit @10868. ( exit after system generated blue dot signal )

147 points profit. And then another chance to enter a new trade.




Such an awesome signal ................ backtesting was also satisfactory, except for the Longs where the rally often continues.

At least one solution is with me now.

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