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4H 5EMA System

  • #1,781
  • Nov 27, 2008 10:20pm Nov 27, 2008 10:20pm
Quoting ziko123
any trades before the the start of the thread on oct 3rd should be ignored,
don't worry, we still have months and months to come and see how the system performs, so since the start of the thread we had 2 months
oct +50
nov +250(till now)
If you believe in the system take your time to fully understand it no matter how long it takes because you will benefit from it .If not leave politely
  • #1,782
  • Nov 27, 2008 10:21pm Nov 27, 2008 10:21pm
Haha, no matter where you go there are always people that refuse to be happy. Why on earth should Sterling's live trades be ignored? The only thing that changed when he started this thread was that other people started making pips with this system, not just he and his cousin. He trades this system live for profit. So does cousin. And now, so do I and a heap of other people in this thread. And quite frankly there's no way on earth you could claim this system as unprofitable, so even if you have your doubts that it can turn serious pips why should a profitable system of any caliber be put down?

Anyways, no point in bogging this good thread down further with negativity.
  • #1,783
  • Nov 27, 2008 10:54pm Nov 27, 2008 10:54pm
Quoting tlindle
Haha, no matter where you go there are always people that refuse to be happy. Why on earth should Sterling's live trades be ignored? The only thing that changed when he started this thread was that other people started making pips with this system, not just he and his cousin. He trades this system live for profit. So does cousin. And now, so do I and a heap of other people in this thread. And quite frankly there's no way on earth you could claim this system as unprofitable, so even if you have your doubts that it can turn serious pips why should...
Thanks tlindle your continued support in this thread is greatly appreciated.

-Sterling
Founder of Day Trading Forex Live
  • #1,784
  • Nov 27, 2008 10:55pm Nov 27, 2008 10:55pm
Quoting silverwhite1
hi I'm new here and have been following the thread for past few days average 3 hrs per day reading it and till now i haven't finish reading to the last post thanks sterling and others for your good works !!!
No problem glad to have you around, hope to have you around for a while

-Sterling
Founder of Day Trading Forex Live
  • #1,785
  • Nov 27, 2008 11:05pm Nov 27, 2008 11:05pm
Quoting viperzz
Hi Sterling,
Any chance you could post what I have written in Red into the rules, I did post this many posts ago but I think you may have forgotten, myself and a few others were a bit confused by this at the time, so the extra clarification was good addition I think-

[font=Arial][size=4]3.) [color=black][font=Arial]Lets say you got a buy signal and price went 80 pips in your favor and then went against you and stopped you out, at which point you reversed the trade according to the rules....
Thanks for the suggestion, I added it to the rules.

-Sterling
Founder of Day Trading Forex Live
  • #1,786
  • Nov 27, 2008 11:30pm Nov 27, 2008 11:30pm
Hey Stersuhr,
Dont worry about the 1 out of many I think i can speak for the many in saying your systems, time and help is greatly appreciated, I know I do.
Keep up the good work.
  • #1,787
  • Nov 28, 2008 12:10am Nov 28, 2008 12:10am
Sterling -

The one specific thing I would like to point out about you and this thread is your consistent willingness to answer questions in a kind and patient way. Reading a thread this long is daunting for someone new and therefor the repeat of a question happens frequently. I would say it's the mark of a great teacher to treat each new seeker as you did the first.

Also - I wrote the cheat sheet and I will pm it to you. Not a finished product though I'm hoping it's a fair start.
  • #1,788
  • Nov 28, 2008 1:01am Nov 28, 2008 1:01am
Quoting sutters
Hey Stersuhr,
Dont worry about the 1 out of many I think i can speak for the many in saying your systems, time and help is greatly appreciated, I know I do.
Keep up the good work.
Thanks man I really appreciate it.

-Sterling
Founder of Day Trading Forex Live
  • #1,789
  • Nov 28, 2008 1:02am Nov 28, 2008 1:02am
Quoting PowerBySol
Sterling -

The one specific thing I would like to point out about you and this thread is your consistent willingness to answer questions in a kind and patient way. Reading a thread this long is daunting for someone new and therefor the repeat of a question happens frequently. I would say it's the mark of a great teacher to treat each new seeker as you did the first.

Also - I wrote the cheat sheet and I will pm it to you. Not a finished product though I'm hoping it's a fair start.
I do what I can for everyone. I've been a struggling trader before and if there is anything I can do to help someone I will. Thanks for your support I appreciate it.

-Sterling
Founder of Day Trading Forex Live
  • #1,790
  • Nov 28, 2008 1:07am Nov 28, 2008 1:07am
Quoting PowerBySol
... Reading a thread this long is daunting for someone new and therefor the repeat of a question happens frequently.
Guess that that someone could be me. .
But from the posts that I've read this far, this thread is definitely one I want to follow, and preferably actively contribute. Might take some time though, seeing the number of posts.

Although I have nothing to offer at the moment, I want to thank Stersuhr for sharing his system and his support.

Excetra
  • #1,791
  • Nov 28, 2008 1:34am Nov 28, 2008 1:34am
Quoting ExCetra
Guess that that someone could be me. .
But from the posts that I've read this far, this thread is definitely one I want to follow, and preferably actively contribute. Might take some time though, seeing the number of posts.

Although I have nothing to offer at the moment, I want to thank Stersuhr for sharing his system and his support.

Excetra
No problem glad I can help. My recommendation to anyone just starting out is print of the rules on the first post. I outlined every trade for the month of sept with charts and exact entries and exits. Keep the rules next to you and go over those charts and when you get confused look back at the rules. There are many people in this thread who started just like you and now they have a complete understanding of the system. They glance at a 4H chart of the G/U and the trades pop out at them. If they can do it you can to it just takes a little time and effort. Glad to have you around and look forward to your future posts

-Sterling
Founder of Day Trading Forex Live
  • #1,792
  • Nov 28, 2008 3:00am Nov 28, 2008 3:00am
Good Morning/Evening all,

Hope you had a happy turkey day. Just woke up, so will be catching up on the thread and the market. Looks like we're still short from yesterday afternoon.
  • #1,793
  • Nov 28, 2008 4:34am Nov 28, 2008 4:34am
Frankly I have yet to find a thread where the thread starter and senior members bother to give answers to posts as if it is their duty to do so. Fact is they dont have to do all these cos they dont owe it to anybody to teach this fantastic method or anything for that matter. I am sure they have better things to do with their time.

What we should do for this fantastic thread started by sterling is to either contribute our suggestions as to how we can make this method better or help others out when we can with the mechanics of the system. For those who just wants to shoot others down with their negativity, get the hell out. If you are so damn good, prove it with your actions and start another thread that can beat this system!
  • #1,794
  • Nov 28, 2008 6:53am Nov 28, 2008 6:53am
Hi Sterling ,

I've been lurking in FF for a couple of month now. I stumble upon yr system a couple of days ago. Thanks so much for sharing. I was so excited after reading and trying to understand your system until I straight away trade it live !!! Of course with backtesting, etc. I only have one trade still open at 100+ pip ( will close it soon, since its already around 9pm in Malaysia, and I dont want to carry it over the weekend ).


My backtesting show the system net +412pip + my currend trade ( +100 ++). so your average of 500+ per mth still hold. I am on IBFX.

Thanks a lot for a great system and please ignore those "trouble makers. I really appreciate you're doing this for "nothing".

The only thing that I can offer to repay your kindness is to bring you around my beautiful country ( once I have lots of money, soon.... I am trading mini lot ) . Do buzz me if you are planning to holiday in M'sia , thanks
  • #1,795
  • Nov 28, 2008 7:47am Nov 28, 2008 7:47am
[quote=anuar;2383147]Thanks a lot for a great system and please ignore those "trouble makers. I really appreciate you're doing this for "nothing". quote]
I will ditto that thanks for your input Sterling
  • #1,796
  • Nov 28, 2008 8:14am Nov 28, 2008 8:14am
I have been tracing this guy ziko123 on an off since 2006. He smashed various threads i.e. the one called Harmonic Trading in the forum www.forex-tsd.com. It was very sad to see him destroying this excellent thread with his obnoxious comments. Eventually he took the whole thread over.

I just tell you this because he is very talented for being distructive
  • #1,797
  • Nov 28, 2008 8:16am Nov 28, 2008 8:16am
Hi Everyone,

Its been a wonderful first few days (and nice first trade as well), and I've to say, I'm happy to be here with you guys.

Just checking my trade.
As per the rules:
Moved SL to high + 5

Since we are approaching weekend, instead of putting a buy order in the opposite direction as per the rules, will look at the end of the current new candle to close the trade, hopefully for .

Following this live trade on a demo account while looking at the rules and past trades posted made a world of difference in understanding the simplicity of the system.

Keep up the nice work Sterling
  • #1,798
  • Nov 28, 2008 10:32am Nov 28, 2008 10:32am
Quoting denverdude
Hi Everyone,

Its been a wonderful first few days (and nice first trade as well), and I've to say, I'm happy to be here with you guys.

Just checking my trade.
As per the rules:
Moved SL to high + 5

Since we are approaching weekend, instead of putting a buy order in the opposite direction as per the rules, will look at the end of the current new candle to close the trade, hopefully for .

Following this live trade on a demo account while looking at the rules and past trades posted made a world of difference in understanding...
Good idea about the weekend. Come to think of it, why not close now and collect the 60 or so pips instead of moving the SL? what do you guys think?
  • #1,799
  • Nov 28, 2008 10:59am Nov 28, 2008 10:59am
Quoting CitiTrade
Good idea about the weekend. Come to think of it, why not close now and collect the 60 or so pips instead of moving the SL? what do you guys think?
I closed the sell and collected 72 pips instead of waiting til 2pm. This is the only part of the system (Friday afternoon) when I allowed myself to interfere instead of being totally mechanic. What do you guys think of that? I didn't enter a new buy of course since it might go into the weekend and we're only 5 hours away from closing. Any thoughts?
  • #1,800
  • Nov 28, 2008 12:33pm Nov 28, 2008 12:33pm
Quoting CitiTrade
I closed the sell and collected 72 pips instead of waiting til 2pm. This is the only part of the system (Friday afternoon) when I allowed myself to interfere instead of being totally mechanic. What do you guys think of that? I didn't enter a new buy of course since it might go into the weekend and we're only 5 hours away from closing. Any thoughts?
I tend to agree on low volume days such as today but on other days it may run for several hundred pips up to the close -perhaps sterling could shed more light on this one..overall it's goods to see this system holding up well in what is often a very tricky trading month.
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