Looks like the stop run has sputtered out ahead of the next lot of sellers around 1.3050.
So, if you’re short EUR/USD now for a day-trade, where do you put your stop?
I’m thinking 1.3060 as an initial stop and bringing it in closer to break even if the thing starts to fall. And if it doesn’t start to fall it gets cut like a poorly-performing football player.
Asking for a friend
