Its 1.7482 for me I only have a 3 pip spread, but yes you are right. I was talking about the original stop loss on this short trade. Sorry, I should have been more specific. Daily chart and pip count coming up in about 20 minutes. -Sterling

4H 5EMA System

Ill be posting a break down of all the trades for the day, some of the trades taken are a bit off but very close. Youll see very clearly when I post the chart, Ill be back around 830PM EST to do that. Currently we are short from 1.7501 with are stop ...

4H 5EMA System

Im not sure how long you have been trading but if you have been trading for any length of time you know very well that murpy's law never takes effect more than in trading. Having said that no I never stop taking signals when I get to a certain pip ...

4H 5EMA System

Im glad to see some people thinking about taking the challenge. I hope your ready by the 1st! -Sterling

4H 5EMA System

Trade #10 Trade #10 is now up 400 pips and here are the new orders. I dont plan on doing this at 2AM and 6AM. The rules are clearly defined and anyone following this system should be able to adjust there orders as the market tells you to. Trade #10 ...

4H 5EMA System

I can promise I willl answer every question, everyday. I have more than enough time to do that for sure. And as I said I will post a chart of the days trades. -Sterling

4H 5EMA System

We will still be a little down for the month if this trade gets stopped on this candle. The gap from this last weekend really hurt us. But sometime it goes are direction. Im considering not holding a trade over the weekend. Had this rule been in ...

4H 5EMA System

So when I first read this thread I though, "just another indicator thats going to help people lose money." Then I started to give it a chance. Last night I opened the trades according to the rules and just came back now to the computer and I was ...

Trading system using relative strength

Trade #11 is still on and it is 353 pips in profit as of right now. I have some bad news tho. Im not going to be able to post trades as they happen, its just too time consuming. I will however post a daily chart of the trades everyday. The good ...

4H 5EMA System

Trade #10 — Long from 1.7100 Stop loss - 1.7254 Trade #11 Sell stop - 1.7254 Stop loss - 1.7448 -Sterling

4H 5EMA System

Over the weekend we were short. When price gapped up it automatically hit are stop and triggered the buy Trade #8. Price went up threw the 5 EMA and was followed by a proper reversal bar and we went short Trade #9. Price went down and went threw the ...

4H 5EMA System

You got the entry right but the stop should be 5 pips below the setup bar. Not 5 pips below the reversal bar. When your buy stop was triggered you dont know how low that reversal bar is going to go before it closes. Now if the reversal bar in a long ...

4H 5EMA System

Right now the indicator should be showing a sell on the GBP/AUD right or did I not load it right? -Sterling Never mind im dumb lol I figured it out

Trading system using relative strength

Trade #8 -28 pips. Trade #9 triggered and is up 50 pips for the time being. -Sterling

4H 5EMA System

Trade #8 Stop loss - 1.7100 Trade #9 Buy stop - 1.7100 Stop loss - 1.6860

4H 5EMA System

Trade #8 closed for a -74 pip loss. Trade #9 is nicely in profit. Hope this is the start to a good run of trades. I think this system has had its drawdown. This would be a good time to start trading it if someone hasent started yet. -Sterling

4H 5EMA System

10PM EST trade update — Trade #8 Long from 1.7128 with stop at 1.6846 The opening candle made a setup bar to got short so we now put a sell stop in the market. Trade #9 Sell stop - 1.7054 Stop loss - 1.7154 -Sterling

4H 5EMA System

Trade #7 closed for -223 pips. The month is early, waiting for the month to turn positive. -324 for the month. Still not a bad drawdown for any system. It will turn around. We are currently long from 1.7128 -Sterling

4H 5EMA System

Yup you got it right. The closing bar on friday was the setup bar and as soon as the market opened it triggered a buy. -Sterling

4H 5EMA System

Trade #7 -223 pips Trade #8 if triggered Bought at market open 1.7128 Stop loss - 1.6846 Sorry this siganl is about 10 pips late but in this system 10 pips is not much. The red arrow is the setup and the blue is the reversal. -Sterling

4H 5EMA System