Kos, I am trading the 8 hr live with only 4 microlots, but I am long at 1.5523 since the reversal bar 10/27 8:00. More risk, wider stops, but no whipping, I'm still long! In 3 hours I'll move my Stop up under this current bar. I believe we are ...

4H 5EMA System

Thanks, But where would my long entry be? I thought I understood this system. Which candle would have been the reversal, as the high still has not been broken, and the lower band has not been touched? Thanks Michael

4H 5EMA System

I was at a meeting and missed that short, so I put in the order rather than short a market that's going up! So I'm still long from 1.6274, and if we set a new high I'll just treat that like a setup bar that it is.

4H 5EMA System

EJ is going up, by the system I am short. The recent high on the 10/28 20:00 candle has not been broken. My reversal stop is 10 pips above that. Am I doing that right? Any Feedback?

4H 5EMA System

I could go look, I just dont keep records like I should

4H 5EMA System

When I quoted Sterling he was referring to the G/U. My little run is irrelevant to the long term success rate, especially in this current environment of trending systems heaven! We need to wait for a good EA to test a few years.

4H 5EMA System

Been trading for about a week on E/J, doing quite well, I need to start keeping records but I don't and have no back testing. I use stairstepping, so if I have 10 microlots I raise by 2 if I lose then lower by 2 when I win, so average winner bigger ...

4H 5EMA System

G/U I am exactly the same. E/J is another story. E/J I have 122.74. I believe you shorted under the last completed candle. It's a better entry than me, if we keep going down, but that candle is not an official setup candle. Michael

4H 5EMA System

HaHa! Good answer! I agree!

4H 5EMA System

Well, we got whipped around after our big winner, but I hope everyone kept the faith and is well in profits on this current trade. I am up +264 pips and were having just a little pullback. The momentum hints that we may be having a much bigger ...

4H 5EMA System

Steve, are you using the Alpari or those timeframes? Seems to me that you are. Although you got a much better entry than we did it is not the system. Are you using the Alpari bar of 12:00? That is not a setup bar, as it did not make a lower low. The ...

4H 5EMA System

Sterling, I do see that we are flat so far for the week, but shouldn't we have a buy order above the last setup bar, (8:00 Alpari)? The high of that bar is 1.5661. For me that order would be 1.5670. edit: I typed in the above, over 50 pips away, ...

4H 5EMA System

alllivemind Do you trade this on the 4 hr in pst time...it is a challenge getting up at 3:oo am to check the 4 hr candle. No? Any thoughts on maybe an 8 hour span on a broker who has 8 hour candles i.e. gft. I like Pips but I also like to sleep 5 to ...

4H 5EMA System

Thanks Sterling, That's how I set it up. Those on the alternate TF are already long.

4H 5EMA System

As of this writing, the first bar of the week on Alpari looks like a setup bar. I closes at 7 pm PST and so I believe our first trade of the week will be to go long 5 pips plus spread above the high, which currently is 1.5877. So unless that high is ...

4H 5EMA System

A few Thoughts..... — I think those who cannot take 3 losing trades in a row are using too high of a contract size, and should reduce. I am only trading this system for two weeks but I will assume that both the losers and the winners are ...

4H 5EMA System

Welcome Ekkuso, I feel I'm getting good at this system, but I'd rather be in Bali! I am confidant that using this method I'll make enough money to go soon, lol Michael edit: nice 3 losers in a row after a massive win and now up almost 400 pips! ...

4H 5EMA System

[quote=stersuhr;2301810] Si

4H 5EMA System

Well the candle closed so we can move our stop. The last bar is a setup Bar, so our stop goes above it. Mine is: 1.6162. This candle already has a lower low so in 4 hours hopefully it will be even lower and we can move the stop again. M

4H 5EMA System

...and the current bar is a setup bar, so when it closes in less than 2 hrs the stop will go 5 pips plus spread above it's high.

4H 5EMA System