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stersuhr replied Nov 20, 2008Do you have a pip count for the 8H for this month. Im scalping right now and dont have time to go back. -Sterling
4H 5EMA System
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stersuhr replied Nov 20, 2008Nov 20th Chart — Sorry Ive been slacking a bit on the charts, I was getting burned out a bit. Here is the chart that brings us current. We are up +595 for the month and have a short going right now that is well in profit. Trade #16 +298 pips ...
4H 5EMA System
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stersuhr replied Nov 20, 2008I dont have the # of trades in a row that were losers I just remember the highest pip drawdown was like 576 so I just say 600. That was the worst in 2 years. -Sterling
4H 5EMA System
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stersuhr replied Nov 20, 2008Yeah 1 standard lot per 20K in your account is plunty. AS Ive said before the worst drawdown ive seen if you would have started on the worst possable day was 600 pips. That a 6K drawdown on a 20K account which to some is a lot but for me thats safe ...
4H 5EMA System
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stersuhr replied Nov 19, 2008Backtest that idea and you will see that you will lose money. Ive spent hours and hours looking for the best way possable to trade this system and this is what ive come up with. A hard TP WILL lose money. If you dont think so backtest it and that ...
4H 5EMA System
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stersuhr replied Nov 19, 2008If you feel that a change needs to be made then backtest it and come with some evidence. Your thoughts are backed by nothing substancial right now. While I will admit they are a good thought for most systems, this on is different and in the long run ...
4H 5EMA System
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stersuhr replied Nov 19, 2008Im going to bed now so if you have any questions before I do Ill be back in fifteen to answer them, if not talk to you guys tomorrow and ill have a chart that brings us to current as well. -Sterling
4H 5EMA System
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stersuhr replied Nov 19, 2008At current we are very close to a EA that is as perfect as a computer will get to trading the rules. It has a few more things that need to be worked on but its close. If you feel like you can make one so we can just do EA to EA then go for it. ...
4H 5EMA System
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stersuhr replied Nov 19, 2008We never got stopped out of the buy per say. The bar that triggered the bar was also a setup bar to go short so when the short got triggered you should also have had the stop on the buy in the same location as the sell stop order. -Sterling
4H 5EMA System
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stersuhr replied Nov 19, 2008Ill post a chart that brings us current tomorrow before noon EST. Im just burned out on the market for tonight and need some sleep. An estimate on the pip count is 600 pips give or take 50. -Sterling
4H 5EMA System
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stersuhr replied Nov 18, 2008no modifications to the system have been made. Someone just wanted them worded a little diffently. Same meaning and application tho. -Sterling
4H 5EMA System
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stersuhr replied Nov 18, 2008I'm on my phone and doing a little volunteer drywall work so I can't really answer questions right now. Ill be home in a fee hours and answer them then. Toni is right we are short right now. -Sterling
4H 5EMA System
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stersuhr replied Nov 18, 2008The bar that triggered the buy stop and stopped us out of the long trade was also a setup bar itself. So what do we do when we have a setup bar and it closes? We move the trade in this case to 5 pips below it. EL Dee I dont think the rules need to ...
4H 5EMA System
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stersuhr replied Nov 18, 2008I am 21 and actually trade for a living. And yes I trade this system no matter where im at. I have two phones with internet so I can do this from anywhere. All you really need is one. I do trade way to much, its an addiction that I need to stop. As ...
4H 5EMA System
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stersuhr replied Nov 18, 2008Yeah pretty shitty. I think I traded 7.8 million in the last 2 hours and ended up exactly break even. Its way to liquid right now. -Sterling
4H 5EMA System
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stersuhr replied Nov 18, 2008LOL yeah just slightly out of frame. You wouldnt believe how heavy 6 22" monitors are. The bottom row of screens has there own comp and the top has there own. It turns out building computers that will run three screens can be a bit expensive...go ...
4H 5EMA System