Ok so your going to get the "scalping speech". DONT SCALP. I knew it was a mistake to post my profits from scalping. I dont know if your a sucessful trader or not, so please be honest with yourself on this one. If your not already making consistant ...

4H 5EMA System

ill post the chart for friday on saturday or sunday.-sterling

4H 5EMA System

Glad to see you made some money! You must be using the 0,4,8,12 candle close then, right? -Sterling

4H 5EMA System

If we were long and it got stopped out and we reversed the trade short, you wouldnt put another reversal trade in. Another words you dont reverse a reversal trade. You would wait for the next setup bar before entering. -Sterling

4H 5EMA System

Yup EST. -Sterling

4H 5EMA System

No problem man glad to help...the good thing is the system is the same on any time frame, so whatever your preference the system remains the same. 8H, 4H, 1H hell even the 5M it works pretty well on from 1-4 in the morning. It works good from 8-11 ...

4H 5EMA System

You might just turn me into a 8H timeframe believer...mike right? -Sterling

4H 5EMA System

Well the good thing is if the programmer is good enough none of the rules require a human decision. They all can be programmed. If the guy that is making it now cant do it Ferrufx can. I feel like the person making it now is very capable. -Sterling

4H 5EMA System

No probelm bud, glad to see you makin some money!!!! -Sterling

4H 5EMA System

You will move it above 4 when it closes....4's low dosent not matter since the first reversal bar trade failed to trigger the buy. You should use the 50% retracement rule now for your current stop. Its on the front page rules with a link to the post ...

4H 5EMA System

I think you meant to say you dont put the reversal order in until the reversal bar closes. Hey im gonna call you in a minute so get your phone. -Sterling

4H 5EMA System

Yes just remain long. Thats exactly it. When the long gets stopped out you would go short. -Sterling

4H 5EMA System

Your inital stop stays 5 pips below the setup bar. Had the reversal bar also qualified as a setup bar to go short then the stop would be moved 5 pips below it. -Sterling

4H 5EMA System

Chart for Oct 30th — Hey guys, Trade #25 got stopped out for -117 pips Trade #26 got stopped out for -208 pips Trade #27 we got long when trade #26 got stopped out and exited when we got a short signal. +28 pips Trade #28 was exited for +39 ...

4H 5EMA System

Hey man I appreciate the kind words. Its people like you that keep me going!!! To anyone just watching this system and not yet a registered user in ForexFactory I ask you why. If you would do one thing for the effort I put into this, it is to become ...

4H 5EMA System

I actually recommend 1 standard lt per $20,000 not $10,000. -Sterling

4H 5EMA System

I guess the best encourgment is that this system is still WELL in profit for the month! If you are trading 1 mini per $2000 you will survive ANY draw down this system can throw at you. The next 1000 pips trade can be the next one. Take every trade ...

4H 5EMA System

Your right alllivemind. The next bar made the same high but it also triggered your trade so it was a +41 pips profit. -Sterling

4H 5EMA System

Your short trade is not a reverse trade its an actual signal. A reverse trade when you get stopped at the original stop loss. Your reversal bar has not closed either way so no you dont put the reverse order in the market until the reversal bar ...

4H 5EMA System

The rules state that you only exit a trade when you get a signal to go the other way, so yes. -Sterling

4H 5EMA System