This market is proving to us that you have to take it when you have it, so we are glad we took the position out last evening, as posted on the BLOG.

The risk reward still looks VERY GOOD to be LONG at these levels risking 1.1470. We want to see more price action and will add to our small EUR LONG (opened 1.1570) once we get confirmation.

We are OK being wrong, and will hold up until 1.1470 gets given, knowing that the upside from here is 1.1800+