#7 Turtle Trading System

If the price retraces after entry, hits the stops then resumes does one re-enter? And to complicate my question a bit more, if one does re-enter and the 20 (or 50) has developed a new level, are all the new trades based on this new level, or the original value that got stopped out? Same question for figuring "N"... does one use the original atr or the new atr?

i still confuse about the stop trail and exit rules.Assume that i take long position EUR/USD at 1,3082 because the price already break out 20 days high and then i place stop limit at 1,3082-2N (N=0,0121) = 1,2840 and let's say the 10 day low = 1,3025. My Q is at what price i must out from the market?at 1,2840 or 1,3025? Thx

thanks