- Search Crypto Craft
- denverdude replied Dec 4, 2008
I think I missed this — Kristo, I think you are correct. I checked my journal and I missed this step completely
So, #2 is also a setup bar for BUY. Thanks
4H 5EMA System
- denverdude replied Dec 4, 2008
Status at 2PM ET on 12/4: SL on BUY trade moved to 1.4608 New SELL stop order @ 1.4608 with SL 1.4821
4H 5EMA System
- denverdude replied Dec 4, 2008
Hi, I just found out I messed up my reply to your earlier post. Just woke up after trading in the night
I've edited that post. Here it is again Two candles before #1 were failed reversal bars for previous SELL trade. #1 closed that SELL using ...4H 5EMA System
- denverdude replied Dec 4, 2008
Two candles before #1 were failed reversal bars for previous SELL trade. #1 closed that SELL using 50% rule. #1 also became the new setup bar for BUY. The two candles (one before #2 and #2) were again failed reversal bars. Pending BUY was removed. ...
4H 5EMA System
- denverdude replied Dec 4, 2008
trade opened — BUY order @ 1.4737 with SL 1.4460 just triggered.
4H 5EMA System
- denverdude replied Dec 3, 2008
Checking values — I assume you have MT4 - you can save a lot of headache by downloading Alpari. Once you have the chart as described in the 1st page, you can do this: Click on the Data Window button (looks like crosshair) A window opens on the ...
4H 5EMA System
- denverdude replied Dec 3, 2008
Major news & this system — Experts: Do we keep our orders/trades open during announcements like the MPC rate and NFP? Thanks
4H 5EMA System
- denverdude replied Dec 3, 2008
50% application — Quick question about the application of the 50% rule: IF this candle becomes the 2nd failed reversal bar: If the current candle closes below 1.4771, then we move SL to 1.4771. If the candle closes above 1.4771 at the end of ...
4H 5EMA System
- denverdude replied Dec 3, 2008
Possible failed reversal bar? — Experts, Looking at the Alpari charts: Assuming the current candle(12:00) doesn't trigger the buy trade, does it become a failed reversal bar? Also, if the current candle doesn't make a lower low, we keep the ...
4H 5EMA System
- denverdude replied Dec 2, 2008
Placing sell order — Cititrade, I'm using Alpari US and I did not face any issues placing the Sell stop or moving the previous buy's SL. Right now the buy trade has been closed and the new sell triggered. Thanks Peace
4H 5EMA System
- denverdude replied Dec 1, 2008
Should have done this earlier — I should have done this long before I started demoing this system
. Anyway, better late than never. I too encourage all newcomers to this system to use Alpari, as it makes our lives as well as ...4H 5EMA System
- denverdude replied Dec 1, 2008
Sterling, your comments on the last trade — Hi Sterling, There seems to be some confusion reg. the moving of stops, and failed reversal bars in the recent posts
. It would be great if you can post your chart and explain to us What ...4H 5EMA System
- denverdude replied Dec 1, 2008
Short trade & pending BUY stop — Broker: Not Alpari, FX Pro. Status at 11 AM ET: Short entry: 1.53510 Current SL: 1.49930 (7 AM Candle high 1.49860) Pending BUY Stop @ 1.49930 Locked in P/L: 358
This is more than what I work my @$$ ...4H 5EMA System
- denverdude replied Dec 1, 2008
50% SL question — My broker is not Alpari - its FxPro, candles at 3, 7, 11AM ET. My bad, have I misunderstood the 50% lock in profit method
? I calculated the 50% of the first big move down candle, and put my SL 5 pips above that ...4H 5EMA System
- denverdude replied Dec 1, 2008
Candle outside EMAs — Sterling, What a way to start the month
Locked in +200 on that short. Do we have to put in a BUY stop order even when the candle is completely below the two EMAs 
? Peace I just realized I locked in +200 only ...4H 5EMA System
- denverdude replied Nov 30, 2008
Sunday trade reopening clarification — I'd appreciate if the experts of this system can explain the reasoning for reopening the long trade from Fri (11/28). On the 1st page, I see this reg. opening trades that were closed due to Fri: On Sunday ...
4H 5EMA System
- denverdude replied Nov 30, 2008
Hi Michael, My charts are not with Alpari - it is FxPro. The low is 1.53560 and therefore, my sell stop is at 1.53510. Hope this helps, Peace
4H 5EMA System
- denverdude replied Nov 30, 2008
Pending order — Hi All, Hope y'all had a great weekend. As per my charts, 11/28 20:00 candle went above the upper ema. Sunday open candle was in between the emas. Have a pending sell order @ 1.53510 with SL 1.5431 Thanks Peace
4H 5EMA System
- denverdude replied Nov 28, 2008
Yes Sir. Right now in Aurora - been in Greenwood Village, Westminster, Denver.
4H 5EMA System
- denverdude replied Nov 28, 2008
Suggestions welcome — First of all, what a difference it makes to trade this system vs. trading other methods where emotion/greed/fear all pulls me this way and that way. I too wanted to ask veterans of this system as well as Sterling the ...
4H 5EMA System