If you have a better idea im all ears. Im not saying this to be an ass im serious. This system can be improved so if anyone has an idea for any part of this system im all ears. -Sterling

4H 5EMA System

Yeah were waiting for a buy, the system is flat right now. -Sterling

4H 5EMA System

Just thought I would let you guys know im short on the E/G. I think it made a solid DT and is coming down. Im looking for atleast 100 pips profit possable the .8300 area maybe a little before it gets there. Im short from .8640 with a stop at .8700 ...

4H 5EMA System

As expected 1% cut = boring! -Sterling

4H 5EMA System

3 minutes and counting this could be a big one! -Sterling

4H 5EMA System

Bingo! -Sterling

4H 5EMA System

This is why I say to use 1 lot per 20K. It allows you to take every trade. You would really fell like crap if the G/U decided to rally 1000 or more pips from here and you lowered your lot size. Stick to the MM, take every trade and you cant go ...

4H 5EMA System

Well I think based on the trend that is possable and if they dont cut by the full 1% then you are right it will continue to depreciate. But if they cut by 1% or more the spike will be down but im fairly certain there will be a huge rally after that. ...

4H 5EMA System

To be completely honest with you there is no logic behind it. My only logic I used was I like to give things enough room to go in are direction and 50% of max profit was A.) completely mechanical and easy to follow and B.) gives the trade enough ...

4H 5EMA System

Yeah I dont know of anything like that yet, atleast to my knowledge no one has made one, sorry. Most of the time you dont have to look you can clearly see it broke the EMA by 5 pips atleast. -Sterling

4H 5EMA System

Were not short I was looking at my charts on my phone when I wrote that and didnt see the 50% line get hit, read the numbers wrong. It worked out well this time but probably will screw me next time. Basically you take the max amout of pips you were ...

4H 5EMA System

Yeah I was short on the G/Y from 136.34 and made a cool 200 pips in a matter of an hour. If your going to do a trade like this you have to enter early, like I said before 12-16 hours early because you never know when the sentiment is going to kick ...

4H 5EMA System

Wow now im confusing myself, looking at the wrong charts my bad were still flat. Thank you for catching that. -Sterling

4H 5EMA System

Ill just mention this because I feel it is relavent to the current trade. One of the most reliable ways to trade is to position yourself with the sentiment 12-16 hours before news. So what do we have coming up in the way of new. Well this morning we ...

4H 5EMA System

We are still short and now have are buy stop and the stop loss for the short at 1.4794 -Sterling

4H 5EMA System

Well you look at the low of the bar and then move your mouse below that bar on the EMA and it will tell you what that EMA was at when the bar closed, thus you can see if the price breaks the EMA by the required 5 pips. Hope this helps -Sterling

4H 5EMA System

Id just like to take the time to thank Toni for all the effort you put into this thread, it is greatly appreciated by me and im sure everyone else thanks you as well! -Sterling

4H 5EMA System

The 50% rule comes into place when the setup bar fails. The bar you are talking about does hit where the 50% rule would have been but the 50% stop would not have been applied until the second reversal bar closes. Does this clear it up for you? ...

4H 5EMA System

Yup -Sterling

4H 5EMA System

Yup it just has to break a EMA by 5 pips or more. The previous lows are ignored because the trade was cancelled. You should have the 50% stop in but no buy order right now. Well I guess technically to close the short you have to buy but you guys ...

4H 5EMA System