You watchin the G/U Cuz? You can tell me thank you right now if you want. Im not refering to the system right now everyone else...its a side note lol. -Sterling

4H 5EMA System

Yeah now that you mention it we havent really had that this month. It would be nice to close the month with that, thats for sure. How many pips are you up on the E/J? -Sterling

4H 5EMA System

Chart for Oct 28th — Trade #22 stopped out for -167 pips Trade #23 stopped out for -260 pips Trade #24 stopped out for +246 pips. The red line on the chart is where the buy stop reversal trade was triggered. Trade #25 - We are currently short ...

4H 5EMA System

Im more than happy to re-write ANY rule someone brings to my attention. If it needs to be worded different or whatever. That being said I dont cater to lazy. This system does take a bit of effort to learn but once you do its a piece of cake to trade ...

4H 5EMA System

Yeah the other time frame has definatly been more profitable the last few trades. No complaining when its the other time frames turn to have better results! lol -Sterling

4H 5EMA System

You should have the stop loss and the sell stop 5 pips below the bar with the second arrow. Other than that it looks good. -Sterling

4H 5EMA System

What I mean is did market gap and stop the trade you were in Friday out? If it did that you would enter in the other direction because it was stopped out. Basically the best way I can explain that is think of it as there being no weekend and ...

4H 5EMA System

Please post a chart I use alpari which is a different time frame I believe. -Sterling

4H 5EMA System

Yes you always have a reversal order at the stop loss. You put the reversal order in once the reversal bar closes. -Sterling

4H 5EMA System

Yeah the short got stopped out and we are in a buy. Ill have the daily chart later with the current pip count. -Sterling

4H 5EMA System

You got it. Everything would reamin the same until a setup bar is given then you would move the stop and the reversal trade. This happens often...most of the time the stop stays in the same place for atleast 2 bars. Lately we have seen more whipsaws ...

4H 5EMA System

Trade #22 was stopped out for -167 pips and we are currently short from 1.5498 with a stop of 1.5758. -Sterling

4H 5EMA System

Well if it makes a lower low in the case of a reversal bar then that bar becomes the new setup bar. And if it makes a higher high in the case of a short setup, then the new bar that made the higher high is now the setup bar to go short. -Sterling

4H 5EMA System

Did your short trade break the 5 EMA by atleast 5 pips? If so it was a valid short. As you can see from my charts there was no short setup only the long from monday morning. You traded your charts correctly tho -Sterling

4H 5EMA System

I think you use different charts than me....there was no short trade only a long. I posted a chart for yesterday above take a look at that. -Sterling

4H 5EMA System

The trade is now in profit and lookin good. The current pip count for the month is +967 so thats pretty good for the month, hopefully we can get that up around 1200-1500. -Sterling

4H 5EMA System

Chart for Oct 27th — When I first started this thread I made a point to answer every question I get and I think I have, maybe ive missed a few but I dont think I have. Glad to have you in the forum. Feel free to ask away. Trade #22 Im not sure ...

4H 5EMA System

You got it right. hopefully we get that bar above the higher 5 EMA to move the stop closer....have to wait and see. -Sterling

4H 5EMA System

They used to close at 2,6,10 EST and now they close at 3,7,11 EST. It is because of the time change i guess. -Sterling

4H 5EMA System

If that bar meets the criteria for a setup bar then yes when it closes you put the order in per the rules. Im happy to explain the grey areas for you no big deal. -Sterling

4H 5EMA System