we're still in short now.

4H 5EMA System

According to funyoo's EA, the 6EMA gives better result.. Come to think about it, sterling, have you tried different EMA also?

4H 5EMA System

Yeah would go long for that one.

4H 5EMA System

Well.. i think that's one of reverse trade. We place stoploss above the highest high (that is the reversal bar), and the entry is where you place your original buy order (buy stopped out order) right?

4H 5EMA System

no, i mean those candles after the gap, especially that one blue candle between the red candle..

4H 5EMA System

where's the TS?

Another great Breakout GBP/JPY System (Dachel's Simple system)

no.. the reverse trade are short... there's no pending buy here. please read post #485 and his explanation first. So the reverse trade doesn't care any setup bar right? Only if we got stopped out we open another position. So when we also got stopped ...

4H 5EMA System

so how do you trade this last candle... (after the gap)... i'm pretty confused. image

4H 5EMA System

I'm sorry.. it is post #485. Here's url

4H 5EMA System

in reverse trade do you care about the setup bar? For example see post#465. Stersuhr said that the sell stop are the buy order that get stopped out. He entered trade when the stoploss was hit. Do you see any proper setup bar there? I mean, the long ...

4H 5EMA System

and does it mean stop loss = buy/sell stop in reverse trade?

4H 5EMA System

to clarify things, i want to ask if stopped out = stop loss?

4H 5EMA System

now i want to ask... according to rules, actually there's two exit points (take profit): 1. When you're stopped out (and then reverse the trade). 2. When signal to go against your current trade appears (buy/long). So, which exit should we use? (i'm ...

4H 5EMA System

stopped out Having an order executed at a specified stop price. For example, suppose Union Pacific stock trades at $65 and an investor enters a stop order to sell 500 shares at $62. If the stock price subsequently falls and the order is executed at ...

4H 5EMA System

Sorry i'm confused again Quoted from your rule: What is stopped out? What condition could trigger stopped out, for example in buy position? Thanks for explaining!

4H 5EMA System

Long closed for -151 pips loss

4H 5EMA System

Quite reasonable.. sometimes I break the rule (quit on premature profit) when the price hit some physiological levels / resistance / support. Does it sound that I don't trust the system or "let the profit stop"? What do you think?

4H 5EMA System

it would be wonderful if the EA's working well... i can't access MT4 on my office.

4H 5EMA System

I got stopped out for -101 pips there.

4H 5EMA System

I kindda confused... in rule#1, there's this rule: Price must touch one or the other [not both], if it touches both EMS..... so I was guessing price should hit one of the EMA right? I think it's more suitable to say "Price must not touch both 5 ...

4H 5EMA System