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stersuhr replied Dec 6, 2008Im still testing it but it looks good. I should know by wed this week if its perfect or not. Ill keep everyone informed. As the EA thread sayed the EA is only going to be handed out to those who know the system and can trade is manually. So thats ...
4H 5EMA System
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stersuhr replied Dec 6, 2008I think now would be a great time to start. When this system has a down week it usually is followed pretty soon by a great string of trades. So whatever signal we get next I would take. The last bar on Friday was a setup bar to go short, so if it ...
4H 5EMA System
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stersuhr replied Dec 6, 2008I was just talking about using this system on the 5M during london. I was just talking about an average pip count per day or something. -Sterling
4H 5EMA System
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stersuhr replied Dec 6, 2008When a bar touches both EMA's its not concidered a setup bar and therefore is disreguarded. I think it would be helpful to print the rules out and go over them a few times. Also keep them next to you to use as a reference when you are looking at the ...
4H 5EMA System
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stersuhr replied Dec 6, 2008You always have a reversal order at the stop loss. So when the buy got stopped out it triggered are sell stop as well. -Sterling
4H 5EMA System
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stersuhr replied Dec 5, 2008Chart bringing us to current — Trade #6 +31 pips Trade #7 -105 pips Trade #8 -111 pips Trade #9 -11 pips We are -88 pips for the month. Well we usually average about 30 trades a month and were a third of the way threw them. This choopy market ...
4H 5EMA System
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stersuhr replied Dec 5, 2008If you would have closed and hour before open it would have been better, not 4-5 hours. We were in a buy and the high was about and hour before market close. -Sterling
4H 5EMA System
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stersuhr replied Dec 5, 2008I never scalp anything but the G/U and the G/Y. When you scalp you have to know that pairs or pairs like the back of your hand. That being said find one and at most 2 pairs and only use them. The reason I only use these two pairs is because they ...
4H 5EMA System
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stersuhr replied Dec 5, 2008Yeah Ill have that later. Maybe around 5 PM EST. So tired...must sleep! lol later guys. -Sterling
4H 5EMA System
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stersuhr replied Dec 5, 2008Alright guys im off to bed. Im gonna take a small coma and when I get up Ill do a chart to bring us current and give a pip count for the month. Take care and hopefully this short works out. I would be shocked if the carry trades didnt sell off and ...
4H 5EMA System
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stersuhr replied Dec 5, 2008Before you psot any results I would like to know you have a clear understanding of the rules so as not to confuse anyone. If you could list a couple trades on your broker that have not been done on the thread and post a chart that would be good ...
4H 5EMA System
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stersuhr replied Dec 5, 2008Yeah it works during London but thats about it. Sometimes it works during the US open but not as well. Do you have any results to post to go along with your last post. They dont have to be exact just a ballpark will do. Thanks for the info, glad to ...
4H 5EMA System
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stersuhr replied Dec 5, 2008Well I would like to thank you for you experience using this system and you english is quite good, I couldnt even tell it was not you native tounge until you said so. Lately I have been thinking about 4H bar close times and I think I know why some ...
4H 5EMA System
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stersuhr replied Dec 4, 2008Yes the stop for the long goes back to the original location and you should also have a sell order there as well. -Sterling
4H 5EMA System
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stersuhr replied Dec 4, 2008Yeah im kinda hoping it fails, I think we have more room to the upside on the G/U. -Sterling
4H 5EMA System
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stersuhr replied Dec 4, 2008Yeah bar 1 was a setup bar to go long. 3 bars before that was the setup bar and then the 2 bars following it made that a failed setup bar. Thus bar #1 was the new setup bar and that was never triggered. Then the market moved lower and each sucessive ...
4H 5EMA System
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stersuhr replied Dec 4, 2008Bar 2 was a seup bar, and the buy never got triggered. Bar 3 becomes the setup bar when it makes a lower low. Does this clear it up? -Sterling
4H 5EMA System
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stersuhr replied Dec 4, 2008There was one who said they wanted to do it but I think the system has died down and not going to take the challenge. Still looking for competitors. -Sterling
4H 5EMA System