5:01 pm - Here is the backtesting Results for Rebound Gap Trade for FCPO.

The results tested is not encouraging as most of the rebound gap is in red areas and high drawdown.

2:29 pm - Here is the trading results for IntraDay Trading FCPO from Jan 09 - Mid May 09

Using different entry but one entry can give different results.

3:29 pm - Results : Trading System Exponential Moving Average 3 cross 7 !

Here is the results for FKLI Hourly chart for different period of the year 2005, 2006, 2007, 2008 & 2009 with different exits.

The entry is long when EMA 3 cross EMA 7 and short vice-versa.

The exit to close the trade with a profit or loss can be either

1) End of Day

2) 10 pts stop loss or

3) 3.0 ATR trailing stop loss.

So far, I find it difficult to make money using EMA 3 cross 7 as the profit is quite inconsistent. Bear in mind, the commission used is RM50.