Thanks Sterling, Thans for clarifying, makes more sense now. Hour before London open and 30 min after, is that another way to put it? I found the new site. Where is Erics 4 hr system? I never heard of it.

4H 5EMA System

Here is one I did two nights ago. Great divergence. Also false Breakout during the time Sterling recommended. I ignored the first reversal signal. I do that after good divergence unless I'm ahead by 20+

4H 5EMA System

Dabestone, You are correct. That is why I say "what I call divergence." Post 3097 picture has classic divergence. Almost equal lows but the stochs didnt come anywhere close. They were much higher. Also I love that long wick. Post 3096 the high is ...

4H 5EMA System

Those familiar with Sterling's rules would notice a sell trade four candles after the entry. When there is divergence, I ignore the first contrary signal unless I have a good profit (15-20 pips or more). I would however take the second short signal ...

4H 5EMA System

Of course, the first is short, the second one long. Here I will post a 5 min of the long trade. The entry is a little lower, and I would have taken both. Each TF has advantages and disadvantages.

4H 5EMA System

Thanks Kos, I am posting below two trades with what I call divergence. Some call this double tops/bottoms, even though the tops/bottoms are not equal. The red lines are the trades. The first one I actually took in my live account for +91 pips. I was ...

4H 5EMA System

Hi Howard, Well for one thing I don’t know how to put chart pictures on the thread so it would be great if someone would help me with that. Like Sterling said, there are a great many reliable signals then. I have found as Sterling just posted that ...

4H 5EMA System

Good to hear from you Sterling. I have been using a modified of the system from 2-6 EST on 5 min. I do the first BO, then wait for divergence. You are working a very thin time period there. Of course London will go DST on March 29th, so the time ...

4H 5EMA System

Taking my first real trade in the Daily system. As I understand it, both El Dee and Howard rules would go long at 1.4320

4H 5EMA System

Dee, Isn't the daily candle on 1/23 a setup bar? And the reversalon jan 26th? Your entry, which I am doing with real funds, is 1.3902 and at this monment I'm up 254 pips! Thanks for all your sharing! Michael

4H 5EMA System

Toni, I have noticed after doing this system from the beginning that with only one exception, the first short after a big move is a loser. Any thoughts? Michael

4H 5EMA System

Thanks for doing that work, Denver. Maybe you can post a word file with the rules when you feel you have optimized them. I judge how I am doing by month and by quarter and year so I am happy to just go in once per day. I am really looking forward to ...

4H 5EMA System

Awesome! I can hardly wait.... And I knew you were not talking about me, it never entered my mind, I was just letting you know what I did. We traders have to think long term. We have to look back more than the last two or three trades and look ...

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Great Post Sterling, I have experienced at least 3 major sideways choppy pip eating moves since I joined this thread (near the beginning) and we always come out with a big move and did well. Sometimes we may cross a calendar line and be in the next ...

4H 5EMA System

If the worst thing is we take off till January, is that so bad? I've reduced my contract size quite a bit so I have enough capital when things get better. Also Fed day tomorrow, we all need to just chill. Like you say, the system is profitable. Plus ...

4H 5EMA System

I remember he had some different rules like "every bar is a setup bar."

4H 5EMA System

I have been with GFT forex and use thier dealbook platform. Not Mt4 though. Someone posted a converter here early in the thread history though. Go to the paperclip up to the right of the page numbers and then go to oct 27th and look for Period ...

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Thanks for doing that Howard, You you repost the modifications to our rules for the daily as you understand them? Also, have you been trading the 8 hour still? I have with real money, and it's done way better than the four hour. But as I've posted ...

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Here is some food for thought Sterling. When this room started, there was a two hour difference between Alpari and IBFX. Two other brokers I use are also on the IBFX time. The system worked great and then we had only a one hour difference. I found a ...

4H 5EMA System

You guys are right, I was thinking backwards, the stop cannot move till we penetrate the lower band. Sorry M

4H 5EMA System