At the close of the 5min. candle immediately after the NFP Report, I entered Long at 1.3560. Prices stalled at the 55EMA, where I booked profits at 1.3590. Shortly thereafter (see: Murphy's Law) it broke resistance and pushed through 3600 and into ...

Ouch. I got stopped out on one short position at 161.55 for a loss. I made a stupid mistake of adding to my position midway through the long retrace at 161.35 with a S/L of 161.60 that is still alive. I should have moved my 1st position there, as ...

E/J has moved into the upper end of the resistance band. I believe a break of 161.60 would confirm 'monster's theory.

Re: Pullback or Reversal — Currently, I'm in agreement with you. I took a Short position after the trendline break at 161.50 and covered that position at 160.59 after it failed to break the 30EMA on the 4hr. I'm looking for a 4hr close below ...

My apologies for not getting back to you sooner. My realy job had me swamped yesterday. I was referring to yesterday's 12:00GMT candle. MACD was still below 0, but had turned slightly upward, but the 200, 21, and 8MA's were holding resistance above ...

Still out — GBP/$ showing a small climb in MACD, but too much MA resistance above it to enter. Standing aside.

I've learned a great deal from this thread and will continue to utilize it's strategy. The heart may have made 20 pips today, but following the rules will far outweigh that missed opportunity. EDIT: Currently the 21MA is still holding support. I ...

Short GBP? — There is a Lower MACD High with the close of the current 4HR candle in 30 min. And prices bounced of trendline resistance. Is anyone going short at the close of the candle? EDIT: Well, a small rise in price has voided the Lower ...

Too much news... — Too many fundamental variables to be in the market this morning. I'll wait until the close of this candle to enter any $ cross.

There is an upper trendline at 3200, at which point you might take a few pips, especially on a bounce. Otherwise, ride it out until MACD begins to fall.

EUR/USD — Is the MACD showing a uptrend continuation? My candle closes in 2 min.

I already closed 1/2 the position at +22. Move the S/L on the other 1/2 to B/E.

GBP/USD. MACD made a nice round top, but prices aren't following...

Question??? — I noticed that the MACD right now is about where it was 10 or so candles ago. BUT, the price is about 40 pips higher. I believe that is a sign of a Mid-term uptrend. I am currently short, but is this something to be concerned ...

Alcastro, my 21 MA is at 9589. Why is your's so much higher? According to the rules, it should be setup as exponential, right? EDIT: It also appears that the 200SMA is showing all the support right now at 9614.