I still really dont understand the question? I re-read it the way you said to and got even more confused. Please re-read the rules and review some charts, a picture can do a better job than me telling you. If you still dont understand it, please ask ...

4H 5EMA System

Yes you are correct...you take every signal. So in this case if the high of the setup bar is broken you exit the short and go long. This system does take a few smaller losers in a row when it gets choppy but it almost always catches the big winners ...

4H 5EMA System

No you dont wait for reversal bar close. This system was designed so you only have to look at the market once every 4 hours. That being said, at the close of the setup bar you place the proper order to enter the market. Short or long. -Sterling

4H 5EMA System

I think it would really help to look at a few charts on the first few pages. After the reversal bar closes you set the order to enter the market. If its a long setup you enter a buy stop and if a short you enter a sell stop. A long must break the ...

4H 5EMA System

Trades for 10/16/08 — Trade #14 got stopped out for +198 pips. I will explain this because I will probably have some questions on that Trade #15 -90 pips Trade #16 - pending Potential Trade #17 - Sell stop - 1.7236 Sell stops stop loss - ...

4H 5EMA System

Your right trade #12 is +39 pips not +49. Trade #12 was closed because #13 was opened. Remember the rules say you only exit when a signal to go the other direction is given. When this happens you exit the current trade (#12) and open in the ...

4H 5EMA System

I will be back at 10PM EST or earlier to answer questions...gotta fun now. Ill answer the PM's too, and post the chart for the day. -Sterling

4H 5EMA System

You can put your reversal trade in now, you do that as soon as the reversal bar closes. As far as moving your stop your correct you dont do that until a setup bar is closed, and that would mean that price has broken the higher 5 EMA. -Sterling

4H 5EMA System

[quote=fiberangel;2283433]Out of curiosity, did you not notice the volatility lately? Spreads have widened across all instruments, not just FX.[/quote I have and I understand that, but how can a non ECN broker that is making money of spreads have a ...

MB Trading Futures - Introduction

Right now im looking at a 9 pip spread on the G/U with MB. A year ago hell even 6 months ago your spread were so tight. Did you guys loose a liquidity provider, or two? Any plans on working on spreads? I dont want anyone here from MB to take this as ...

MB Trading Futures - Introduction

Trade #14 update — We are currently short from 1.7491 Trade #14 update New stop loss - 1.7400 Potential Trade #15 Buy stop - 1.7400 Buy stops stop loss - 1.7130 Well were atleast going to make 91 pips on this trade. I suspect the G/U has some ...

4H 5EMA System

Chart for 10/15/08 — Good day guys! Today will offically bring us back into positive territory for the month. From now on not carrying a trade into the weekend should keep us safe. If not for that little error we would be very green for the ...

4H 5EMA System

Good recomendation Ronald. As far as different MM stratagies like this, well, thats up to the traders own rick tollerance. This system only wins at best 60% of the time so knowing that if you loose 3 times or more in a row, odds are a winner is ...

4H 5EMA System

Good question. You DO put you entry to go short in if its a proper "setup" which it was. What is meant by not putting an entry to go the other way in the market until the reversal bar closes, is in reference to the times when a "setup" to go the ...

4H 5EMA System

You would have moved your stop 5 pips below the low of the candle with the 2 pointing at the candle. The candle with the 1 pointing to it did not break the higher EMA by 5 pips and therefore could not be used as a proper setup bar to go short, so as ...

4H 5EMA System

If your long you dont exit until you get stopped out at the original stop loss or until you get short signal. If your short you dont exit until it gets stopped out at the original stop loss or you get a signal to go long. If your long and you get ...

4H 5EMA System

1.) I just keep the original trade. Exiting the first trade and putting the same trade on wouldnt make sense, because you would just be paying the spread for a second time. Hope that makes sense. 2.) I always put the stop on as soon as I put a trade ...

4H 5EMA System

lol the "masta", not really. I just thought I should let everyone in on a little secret...Hiranya is my cousin. He is actuall the one who turned me on to the thread, "a basic trading system" or whatever the name of that thread is. The originator of ...

4H 5EMA System

Yeah your right I was looking at my fxpro broker which has different close times on the 4H chart. Thats for the heads up Hiranya! Ill adjust it right now. -Sterling

4H 5EMA System

Chart for 10/14/08 — 1.) Trade #10 was closed out for +380 pips 2.) Trade #11 - The red arrow at point (2) on the chart is pointing to the setup bar. The blue arrow is the reversal bar. Price triggered are sell stop and stopped us out in the ...

4H 5EMA System