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    • stersuhr replied Nov 26, 2008

      In whatever trade you take long or short, once the reversal bar closes you put a reversal trade at the same location as the stoploss. There is a really good explination and post number you can go look at to determine the stop loss for the reversal ...

      4H 5EMA System
    • stersuhr replied Nov 26, 2008

      Chart Bringing us current — Trade #25 - We went long from 1.4942 and exited when we got a signal to go short at 1.4856 for a -86 pip loss Trade #26 - Was triggered at 1.4856 and was stopped out in the same bar at 1.4974 for a -118 pip loss. ...

      4H 5EMA System
    • stersuhr replied Nov 26, 2008

      Yeah I conpletly agree with everything with everything in you post. If anything I would recommend, if you want to diversify or make the equity curve "flatter" just using this same system on the G/U still but use a different 4H close. We have all ...

      4H 5EMA System
    • stersuhr replied Nov 25, 2008

      I think Viper already answered this but I also wanted to say why we only put the reversal order in once the reversal bar closes. We do this to keep us fro a bunch of whipsaws. Hope this answers the question. -Sterling

      4H 5EMA System
    • stersuhr replied Nov 25, 2008

      Check back a page and you will see the link to the new thread for the EA for this system. I dont have an EA that is the standard for the rooom yet but that is the room where it will be found. Any talk about EA's and testing will be conducted there ...

      4H 5EMA System
    • stersuhr replied Nov 25, 2008

      Looks like a pretty good short setup and now trade we got going on here. I decided to start live back up again after taking only a few weeks off. Im bored and need to start again lol. So Ill probably be posting my trades in here a lot more. -Sterling

      4H 5EMA System
    • stersuhr replied Nov 25, 2008

      Looks like were setting up for a nice short. The G/U is hitting nice resistance and is quite extended. We will adjust are entry order come 6PM EST. Ill have the daily chart later for ya guys. I asked tonirai to open and try to manage an EA thread ...

      4H 5EMA System
    • stersuhr replied Nov 25, 2008

      Yup were still flat guys. Looks like the current bar is going to be a setup bar as long as it dosent touch the other EMA. I traded all last night (im on EST) and havent slept yet so ve been up about 36+ hours, im going to bed. I wanted to have the ...

      4H 5EMA System
    • stersuhr replied Nov 24, 2008

      Well pips dont lie and I can tell you his services are profitable. The secretnewsweapon is profitable only if you have a good broker. I no longer use the diamonds room because news trading has been slowly failing. As far as the new service ...

      4H 5EMA System
    • stersuhr replied Nov 24, 2008

      follow Howard on this one guys hes right. Spread dosent matter when you sell because because most charts are on the bid as when you sell your selling at the bid and therefor dont have to account for spread. Weather you understand it or not just know ...

      4H 5EMA System