I cashed out of AUDUSD at 0.6594, after which it dropped back down to the 0.6566 level again, then bounce right back up to 0.6594 a second, and even third time, but has yet to break through. Oops! The pair broke out above resistance just as I was about to upload this post... Even so, my numbers calculate the 0.6600 handle to be quite a significant resistance level. I would therefore "expect" to see this pair pull back for a while before heading higher.
Ditto with respect to AUDJPY... I'm hoping this pair climbs all the way up to the ceiling for about a $70+ payout.
Yeah... the puzzle was indeed pretty much complete except that I added just one additional component since last Friday. You can see how it functions by looking at how I applied it to the AUDJPY position... Once the upper or lower band on this envelope of what I call "statistical support/resistance" is hit, I don't expect to see any additional gains, and therefore exit my positions as soon as the gist of price action begins to evidence regression toward the mean/mean reversion. Accordingly, rather than remain in the trade, hoping for a possible change in fortune, and also possibly witness a former winner turn into an ultimate loser, I pocketed the available profit when candlesticks were still painting in the neighborhood of 98.36. So then, I think I can conclude this short little "study" and continue working with what I've got. (The indicator is generated using only a sampling of data taken at regular intervals in order to conserve memory, hence the "squiggly" lines.)