So far, nothing dramatic has happened. The EUR has continued to claw higher, as has the GBP. Cable still looks especially bearish. Euro looks poised for a short-squeeze, with a possible bear trap having sprung early Tuesday morning. Longer term, I think Euro goes back to parity and below, but anything can happen short-term... especially considering that there is reportedly a record short position in Euro right now. It generally pays to be on the other side of record positions.
We've triggered into the short USD/JPY trade. It has done almost nothing but drift higher ever since. It had 8 pips of profit for a few minutes, but has stayed in the red all morning.
Short 771 USD/JPY at 88.22 with stoploss at 89.41
The only bright spot is still the EUR/CAD short, showing a 160 pip profit right now.
Current account equity: $166.20 (which could be worse!)
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