current stop is 1.6265?

4H 5EMA System

I would imagine that as Highs & Lows are constantly referred to, the answer must be wicks. Steve.

4H 5EMA System

I haven't as the bar has not broken the 5ema high (hope that's right!) Steve.

4H 5EMA System

the current bar is coming to a close, no new low or high, so no change? hope that is right Steve.

4H 5EMA System

money management is not really a problem, theres not much to manage LOL! seriously though, yes I am fully aware of what you mean. Steve.

4H 5EMA System

thanks, your explanation was very helpful, due to your system I have nearly doubled my account! so as you can understand I really want to know it inside out. thanks again, Steve.

4H 5EMA System

thanks, I get that now, but what would have happened if that downspike had gone down a little further and taken out the stop from the previous trade, would you have been out of the market waiting for a new setup bar or would you reverse and go ...

4H 5EMA System

"12.) As the rules state, after a proper reversal bar closes and gets you in a trade, you place a trade to switch the direction of the original trade at the stop loss. This is what happened her when we went long right when we got stopped out on the ...

4H 5EMA System

unfortunately, that is my downfall there are some discrepancies between graphs and descriptions, notably trade 12 on post 23 seems to ignore the large down spike in the middle of a trade, oh well, i'll persevere

4H 5EMA System

Additional rules — Hi Stursuhr, the only part of this system that is giving me greif is stop moving, any chance you could formalise a set of rules to explain how you do this? and of course posting them at the begining thanks, Steve.

4H 5EMA System

ok, thanks,I have moved it now anyway. I just wanted to clarify the rules, I thought as the last few bars were below the MA they don't count as setup bars. Steve.

4H 5EMA System

current stop — hi, awesome system, It's doing wonders for my poor battered live account!! please can you advise current stoploss as mine is still at 1.6956 & I want to move it down, but not sure where to as all bars are totally below the MA. ...

4H 5EMA System

AO is still red for me, so no trade.

AshFX Daily

if it's any comfort I got in there as well, enjoy the pips! have you set TP at 1.5800 same as me? good luck Steve. ps. checkout usd/chf

AshFX Daily

It was a close thing!

AshFX Daily

I know I'm repeating myself but this is where anti hedging comes in, in the above example you would have opened the at the same price but with a 100 pip SL, when this was hit (around 0.9460) you would have waited for the price to go down to 0.9410 ...

Weekly 80/20 Setups

yes, I took this one this morning but was stopped out, My GBP/USD managed to hold on by it's fingertips though Steve.

AshFX Daily

My thoughts also, but then I noticed divergance between the price & the stoch so lets see what happens, it's only demo money anyway Steve.

AshFX Daily

you already have AO confirmation, but you need AC to get in the short, this doesn't seem to be a valid trade to me Steve.

AshFX Daily

Why oh Why, do you have it set to every tick mode? if not, it won't trigger. if you are in every tick mode, keep a close eye on the second trade & see what happens. thanks, Steve.

AshFX Daily