My strategy is sound and I know that, but just a note that I am currenlty sitting on a notional loss of about EUR 4000 due to the temp up move in the EUR/$ pair.
I still stick to my decision of taking profit at 4476, however given the recent moves, I may take profit at about 4620 levels and wait for reconfirmation of my sell signal and take a short position again. I may loose some of the down move but thats the price you pay for having confidence in your odds :)
EUR at 1.4579 buy at the moment
