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stersuhr replied Nov 12, 2008No were up around 400+ pips this month. Im in Charlotte right now and should be home tonight and will give a offical update on the pip count for the month. -Sterling
4H 5EMA System
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stersuhr replied Nov 11, 2008Sweet aoinds good man. That is the whole reason I made this system to work on the 4h...I don't have time to look at the market every fifteen minutes either. -sterling
4H 5EMA System
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stersuhr replied Nov 11, 2008As far as ive been told that EA does not trade the system per the rules. -Sterling
4H 5EMA System
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stersuhr replied Nov 11, 2008you don't reverse a reversal trade. If you get stopped out of a reversal trade you wait for a proper setup and reversal bar.
4H 5EMA System
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stersuhr replied Nov 10, 2008The long was closed for a -8 pip loss not -151. I wrote the entry wrong yesterday and will clarify when I get to a computer.-sterling
4H 5EMA System
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stersuhr replied Nov 9, 2008Chart for Nov 9th — Hey guys im doing the daily chart from Fairfax county in Virginia tonight and will be for the rest of the week. Hope to be home Monday at the latest. Anyway were up +411 for the month, and are currently in profit +90 pips ...
4H 5EMA System
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stersuhr replied Nov 9, 2008That EA...from what I have heard does not trade the system as it was intended. I will have a EA in a week or two for everyone, just give me a little bit of time. One guys is still in the process of getting the EA to trade properly and is doing a ...
4H 5EMA System
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stersuhr replied Nov 9, 2008I should probably clear this up. I think of all the MT4 brokers I've been with Alpari is the most honest. They never screwed me by stop hunting or anything like that. Its just they pissed me off when they put a 10 second delay on all my orders. I ...
4H 5EMA System
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stersuhr replied Nov 8, 2008The setup and reversal for the short was not valid. The setup bar touches both EMA's and therefore is not valid(thats in the rules). The bar you have mentioned is not the setup bar because it does not make the lowest low. The bar that made the ...
4H 5EMA System
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stersuhr replied Nov 8, 2008In the case of the trade you are talking about you do move it to the new setup bars high + 5 pips + the spread, but when the setup bar fails you have no setup bar and thus move the stop back to the original location. -Sterling
4H 5EMA System
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stersuhr replied Nov 8, 2008That trade never hit a max profit of 150 pips so you would use the original stop location on that one. -Sterling
4H 5EMA System
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stersuhr replied Nov 8, 2008No you dont close the trade. The rules state you only exit the trade when you get a signal to go the other direction. Say you are long and there are no setup bars to go short you just stay in the trade with the stop at the original location. If the ...
4H 5EMA System
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stersuhr replied Nov 8, 2008Are you asking where do you put your stop in the case of a failed setup bar and no reversal bar? -Sterling
4H 5EMA System
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stersuhr replied Nov 8, 2008Alpari-us and alpari-uk are two different companies, but they are still a bucket shop broker, so if you are a profitable trader im sure both will do it to you in time. I knew not to take that much in one week that my own fault to some extent. ...
4H 5EMA System
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stersuhr replied Nov 7, 2008Chart for Nov 7th — Heres the chart for Nov 7th Trade #8 was closed for +37 pips Trade #9 was closed for +43 pips For the month we are up +411 pips. The last bar was also a setup bar to go long so if the market is below that bars high we will ...
4H 5EMA System
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stersuhr replied Nov 7, 2008Thanks power I really appreciate you saying that! As far as the EA goes I appreciate people offering to help me with the cost, that means a lot. I really dont want anyones money for the EA. I would rather just let it be a gift to the people that ...
4H 5EMA System
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stersuhr replied Nov 7, 2008Im sure there are quite a few things we could change to make this system better. Using a once profit hits 100 move SL to BE might or might not be one of those things that would make the system more profitable. It all something that just needs to be ...
4H 5EMA System
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stersuhr replied Nov 7, 2008If you are short and have a setup bar to go long you move the short trades stop loss to 5 pips above the new setup bars high (plus spread) and you also put a buy stop order there. I hope this makes sense, if not feel free to ask again. -Sterling
4H 5EMA System
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stersuhr replied Nov 7, 2008Now this could work but you dont wanna cut the winners. Is there a way we could move the stop to break even using an order. If you use a trailing stop you it not the same as moving the stop to break even when you hit 100 pips. Any thoughts on how we ...
4H 5EMA System