We have had 2 trades so far for a total of - 252 pips 1.) -106 2.) -147 Continue to watch the trades it will turn positive. I have backtested it for well over a year and it is still profitable, even more so lately. In the last six months it has ...

4H 5EMA System

your completly right my bad, I just got my ass kicked in golf and looked at the charts on my phone and didnt see the candle before it. Cancel that last trade! There are currently no trades, because the candle that made that high was not followed ...

4H 5EMA System

I will be calling trades in advance iv just been slacking a little. ill give a pip count when I get hme tonight too. ill be bac in a couple of hours and do all that.sell stop -1.7425stop loss - 1.7644-steling

4H 5EMA System

Yeah at this point in my live trading, when I see hughe bars one way and the down and then up, I usually wait for it to break out. I still take all the trades but with smaller lot sizes until it breaks out. -Sterling

4H 5EMA System

Thanks for catching that I dont know how I overlooked it. Good eyes! -Sterling

4H 5EMA System

You just have to use good money managment and have enough to deal with a drawdown. Every system has them. On this the worst ive had is 600 or so pips, but that was a fluke. Michigan! I live in MI too. -Sterling

4H 5EMA System

Thats it exactly...once the reversal bar that breaks the higher EMA by 5 pips closes, you put a sell stop order in the market for 5 pips below the setup bars low and a stop loss 5 pips above the high of the setup bars high. -Sterling

4H 5EMA System

Read the rules on a the reversal bars and ask if you still dont understand. -Sterling

4H 5EMA System

I will not jump this thread nor discuss how i trade this, Sorry[/quote] If your worried about "jumping" this thread you have my permission, as creator of the thread to state how you trade it if you like. If thats the reason you dont want to say it ...

4H 5EMA System

I see your point...in those cases which i might add are rare, I go to the 15 min chart to see what happened. And you are totally right if it had gone below that line you would have now considered it the new setup bar and the trade would not have ...

4H 5EMA System

Aelimian you got it half right on this one. If you go back to the rules they state that you only put the trade to go the other way in the market AFTER the reversal bar closes. We got triggered into the trade this morning and stopped out all in the ...

4H 5EMA System

Howard you got it right! Just make sure your candles start every 2, 6, 10 AM and PM to have the same trades as me. I will continue to post trades. The only trade that has been triggered as of yet is the one that got stopped out this morning. ...

4H 5EMA System

Bill I think you have it a little off. We are not in profit...it triggered are long and then stopped us out pretty much right away. It is very easy to backtest this system. Even if its not my trade count for last month is live. I opened a demo for ...

4H 5EMA System

Kod, If a candle breaks the lower EMA your looking for the next candle to break the high for a buy...you have it reversed. And likewise if a candle breaks the high you look for the next candle to break the low of the setup bar by 5 pips to be a ...

4H 5EMA System

Yup, first offical trade in the rrom got stopped out for -105pips. Actually vitabeer if I get another signal to go long I will take it. I dont only look for sells if I get stopped on a buy. I take every signal, thats what my results for last month ...

4H 5EMA System

Thats exactly it! Glad you follow it.

4H 5EMA System

Alpari-us

4H 5EMA System

No I just use the 4 hours candles. You can get into the 1H but I just dont like to have to look at the computer every hour. -Sterling

4H 5EMA System

heres the current chart

4H 5EMA System

im an hour late on the trade adjustment...my bad. Price made a new lower low, thus it became the new setup bar. Lets see if this next 4 hours can trigger are trade. Ill answer the questions in an hour or so. Buy stop - 1.7613 Stop - 1.7508

4H 5EMA System