I can't not blog about this. The EUR is lighting up the USD like a mf'in christmas tree. I was short the EUR and got out for a 35 pip loss at 1.3030. I figured it was good risk management as even though the EUR was fully expected to continue downward, it was worth negating the risk of getting squeezed. Then it began. The 300-pip--slap-the-tits-off-yo-gramma rally. I mourn for those we lost. If I was smart I would have got long with a tight stop.
There will be a retracement but when/for how long/and is it worth it? Those are the questions to answer. I'm not getting back in until this beast shows signs of reason instead of the murderous treason it inspires on a 5 minute basis. Fear the beast. The EUR/USD beast.
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