DislikedYes, your right, that 21 goes without question. I am in front of my computer and will pull it if I have to with the slightest inkling of a turn.
JIgnored
A Trend Continuation (short) off the 21 ema ( on both the Euro and Pound)would be a high probability trade because it would be with the trend (89 sma).
But I (we) will follow the rules and wait for the signal (4 hour).
You never know what will happen. Price may go to the moon.
Jim
Indicators show the past. Price Action "Indicates" the future.