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Day 7, 11/8/05 Illustration 6.9 At the end of Day 7, we are still following stop loss rule #3. We are currently trailing the Wall. However, although the ACC remains above zero, it has turned red. This is an indication that the speed at which price is traveling may be slowing down. We will still use the Wall’s value of 51.67 as our trailing stop loss (red “x”), but we’ll watch the indicators closely. Illustration 6.9. Long trade with Fractal entry, Day 7 (ANF, 8/29/2005 – 11/8/2005) 56
