But thats not saying there is not a more profitable way to take profits, it just has to be tested for a while. And when you do impliment a new way of doing anything you have to have hard rules to keep the system mechanical if thats what you or ...

4H 5EMA System

I welcome anyone to trade this system the way they want to. But, I also say you know what this system averages so without backtesting a new way to TP and just doing it here and there would be foolish. All it takes is one time of doing that and ...

4H 5EMA System

I think I may have posted a post number on one of the rules where I already covered this. The rule was you just close out the trade immidetly when the next bar starts. -Sterling

4H 5EMA System

Not unless its a setup bar. Yeah toni I know Im not usually around this time in the morning. This is usually the time I count on you to answer questions -Sterling

4H 5EMA System

If they are not setup bars then the stop loss and reversal order stay in the same location. -Sterling

4H 5EMA System

It didnt break the lower EMA by 5 pips or more thus it wasent a proper setup bar. -Sterling

4H 5EMA System

Sorry I went to sleep for a bit. In the case of a short you only move the stop and reversal order when the market makes a new low and that bar closes. Now there are exceptions to this. If the market goes down and makes and new low and then fails to ...

4H 5EMA System

Its possable one could do better than the other in the long run it just dosent make sense if thats the case. The Euro zone changed times and so for a couple of weeks the were on hour back from what they are now. It was 11,3,7 close instead of 2,6,10 ...

4H 5EMA System

For you yes. You are still long based on the charts you are using. People using Alpari as the standard which is what the room uses are short. Over the course of months I think it all evens out. -Sterling

4H 5EMA System

The red check is the setup bar to go long and the bar that touches both EMA's is the reversal bar. -Sterling

4H 5EMA System

No its not a setup bar. It touches both EMA's like you said, thus disqualifying it from being a setup bar. -Sterling

4H 5EMA System

The month of Nov closed +97 pips which kinda sucks but thats what it is. Trade #1 - On friday we closed are buy before the market closed. When the market opened nothing had changed so we re-entered are buy at 1.5395 The last bar on friday was a ...

4H 5EMA System

We have a signal to go long because the last bar was a setup bar to go long not another reversal trade. I dont know what your refering to on the other questions so Ill let someone else take that one....toni....cough cough -Sterling

4H 5EMA System

You got it right Citi. -Sterling

4H 5EMA System

Very true. -Sterling

4H 5EMA System

A reversal trade is entered at the original trades stop loss. I think that is what you were saying I just wanted to clear it up if you were saying something different. -Sterling

4H 5EMA System

From the chart it looks like the buy never got triggered and the original short trade is still on? Is this true or did it get triggered by a little bit, I can tell from that chart. -Sterling

4H 5EMA System

The setup bar for the short trade was the last bar on Friday before the market closed for the weekend. -Sterling

4H 5EMA System

You got it. This keeps us in the market I would say 90% of the time which allows us to catch I would say atleast 95% of the big moves which is what makes this system as profitable as it is. -Sterling

4H 5EMA System

Ill be at the computer for the next 15 minutes. If you have any questions that havent got answered speak now or hold them till 2AM EST when I get back. -Sterling

4H 5EMA System