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stersuhr replied Nov 24, 2008The thing is I've been there guys. Ive lost thouslands of dollars in the market. We lost are house, my dad lost his truck all so we could keep trading. Now I dont recommend that to anyone! But when you made the choice to either put money in the ...
4H 5EMA System
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stersuhr replied Nov 24, 2008Is a interactive program and EA? Sorry EA's and programming is not my thing. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008I trade with the secretnewsweapon for spike trading and I learned a lot about trading from the forexdiamonds room. Im no longer a member of the diamonds room and just have the secretnewsweapon. I've always been a supporter of felix ...
4H 5EMA System
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stersuhr replied Nov 24, 2008I would recommend running it on the 15M or a smaller timeframe. That way you can see many trades in a day instead of only 20-30 in a month. Also Ill need a screen shot I didnt understand the post. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008Anyone that knows the system wanna test this for me? Thanks -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 20081.4974 was the stop for the short. We are flat right now. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008Its really sad when the creator of the thread is wrong lol. As ive said before im not live this month, and therefore tend to just take quick glaces at the chart. I took the month off. Thats no excuse tho. Thanks toni ill fix my last post. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008New System
— I just thought I'd let you guys know im working on a new system. If you understand this system you will get the new system right away. Its a spin off of this one, but will use the 5M chart and specific times. This will allow you ...4H 5EMA System
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stersuhr replied Nov 24, 2008On a short entry or exit you dont have to include spread only when your buying to exit/enter a trade. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008I would recommend using a alpari-us demo so as not to have any confusion with my charts. Also alpari-uk uses 5 decimal points which can be confusing. Once you fully understand the system then go to whatever broker you like. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008Heres a few things I tell everyone when they start trading, if youve read the whole thread you will have already read this but Ill repeat it. Dont trade more than 1 standard lot per 20K in your account. Also If you cant take every trade dont trade ...
4H 5EMA System
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stersuhr replied Nov 24, 2008Go to the first post and thats all the rules. What I recommend doing is print out the rules. Then I posted every trade with entries and exit on the following 2 pages(not every post). You will understand when you see the charts and following posts ...
4H 5EMA System
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stersuhr replied Nov 24, 2008Cool sounds good. Fortunatly this situation hasent affected any trades since inseption of this thread
-Sterling4H 5EMA System
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stersuhr replied Nov 24, 2008Yeah your right that is not in the rules. I just know the way I trade the system and its completely concrete in my mind and I forget that its not in everyone elses. Ill add this to the rules right away. I might wait till I get home so I can use my ...
4H 5EMA System
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stersuhr replied Nov 24, 2008The new bar is the setup bar so whatever low it makes it are new setup bar no matter what. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008I reccomend to you and to everyone in the room to get a demo with Alpari. Its what I use for the standard in the room. The demo takes 5 minutes to make and it will help everyone out if they see the same thing that I use. I dont reccomend a live ...
4H 5EMA System
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stersuhr replied Nov 24, 2008The stop and the reversal trade should be 1.4856 because the last bar had the same high thus becoming the new setup bar. -Sterling
4H 5EMA System
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stersuhr replied Nov 24, 2008Were long right now. I think you might need to read over the rules. I took the time to outline on a chart every trade in september. These are on the first page and second. I reccomend printing the rules and then looking at those charts. It well ...
4H 5EMA System
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stersuhr replied Nov 23, 2008It the same thing with a normal setup and reversal. In the case of a long price may go make a lower low and then trigger the buy. You still have your stop at the low of the reversal bar and then when you see this has happened you just adjust the ...
4H 5EMA System