Just a side note I just signed up for tradethenews again and they are frickin awesome!!! I hope this isnt spamming if it is just let me know and ill delete it. -Sterling

4H 5EMA System

My email is [email protected] feel free to email me anytime with charts or questions. That goes for anyone else too. -Sterling

4H 5EMA System

Yeah that sounds like the simplest explination for that. Anyway you can post the charts so they come out clearer so I can check them? -Sterling

4H 5EMA System

The stoploss would go back to the original location and you would have a reversal order there as well. -Sterling

4H 5EMA System

I just went over July of 07' and got +150 for the month. Are you using alpari as your standard or another broker? You charts are fuzzy and I cant download them, or else I would check those and let you know where you went wrong. Unless your using ...

4H 5EMA System

No it dosent have to touch an EMA the price just has to go threw it by 5 pips at some point. It can open and close below the lower EMA and still be a setup bar, because price is threw the EMA by 5 pips atleast. -Sterling

4H 5EMA System

Thats a great idea and it might help some other people to. Great idea! -Sterling

4H 5EMA System

I just thought I would comment on the fact that Ive never seen everyone in a thread use more hahaha -Sterling

My own developed benkyalate system

It depends on how tight the range is. Anything over a 250 pip range and it works good. Tighter ranges not so much. But then again lately have you seen the G/U stay in a 100-150 pips range? If you have not for long. Last month was definatly below ...

4H 5EMA System

Last chart for OCT — Trade #29 was stopped out for -266 Trade #30 was stopped out for -52 Trade #31 was stopped out for -158 Pretty bad month for this system, and it was also a perfect example why I say to take every trade. This month netted ...

4H 5EMA System

You got it! You want to make money as fast as possable but you dont want to get a margin call. The worst drawdown ive seen, if you would have started at the worst possable time was 600 pips. If you trade 1 mini per 2K that would be a $600 drawdown ...

4H 5EMA System

You right Ronald. The rules state that price has to break the EMA by 5 pips. It can be completely below it with nothing touching the EMA...it just simply has to go threw it by 5 pips. Everyone dont over complicate the rules just take them for face ...

4H 5EMA System

The bar before the green ones was the setup bar. It made the lowest low and the rules state that it has two bars after the lowest low or higest high to trigger the trade, if it dosent the trade is canecelled and you start looking for a setup bar. ...

4H 5EMA System

The money managment I recommend is 1 mini per 2k in your account. Start trading 2 lot when your at 4K. This give enough room for any drawdown. If there is a drawdown dont stop trading, inevitable as sson as you stop trading the system will have 2 ...

4H 5EMA System

It dosent look like there was anywhere to get short. You would have used the 50% retracement rule and got out with half profit. -Sterling

4H 5EMA System

No i definatly think your right about the backtesting. I think you definatly have to backtest. Im just saying that given how much the market has changed you should definatly put more into the last year than the last 3 years. Having said that this ...

4H 5EMA System

Hey Howard if your around could you post a 8H chart, im on my cousins computer right now and dont have access to a 8H to answer the previous questions. If you could do that thank you, if not ill answer it when I get home. -Sterling

4H 5EMA System

I dont want to be rude here guys so please take what I say as trying to help and thats all. You guys are worrying about what the market did 2+ years ago. A time when the G/U had a average daily range of 50 to maybe 100 pips on average...most of the ...

4H 5EMA System

I dont plan on going anywhere. I plan to continue to post my daily charts for this system, and maybe the occasional screen shot of my scalping profits lol. When people see the money that can be made in this market it really tends to motivate them. I ...

4H 5EMA System

When the setup bar failed you would have used the 50% retracement rules and got out with half profit. You would have missed the run up tho. -Sterling

4H 5EMA System