This is going to be a straight robbery. The EUR came UNTETHERED from the DOW yesterday from profit taking on the dump. Now its stuck where it is with public sediment being a SELL. That will slow this down all day. As soon as the general public starts liking a DEEP SELL it will majority of the time slow the asset down. Thats why Im the LONE RANGER. This will take maybe til TUES to finish.
Trade closed: stop reached:
Classic shakeout. I reentered. But I use a rolling stop of 10-15 pips depending on volatility.