Cancelled Buy High Risk Practice trade, no real money Bracket

EUR/USD Buy stop

News trading 5M setup Pre-news breakout Data rules Published Ended 6 Nov, 13:30 UTC

No tradeOther side of the bracket filled

EUR/USD chart

Bid prices from the tracking feed. Press play to watch the trade.
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Levels

Entry
1.11722 zone 1.11718 to 1.11726
Stop loss
1.11562 16 pips from entry
Target 1
1.11882 not reached
Target 2
1.12043 not reached
Target 3
1.12203 not reached

One third of the trade closes at each target, and the stop moves to the entry after target 1.

Breakout bracket

Breakout bracket: buy above 1.11722 or sell below 1.11562. Both orders were published together and the first one to fill cancels the other.

The other side is Sell stop #61 (closed).

Why this trade

This is a buy stop order on EUR/USD at 1.11722, generated by a mechanical pre-news breakout rule. Four minutes before the high-impact US Nonfarm Payrolls release, the strategy brackets the recent 30-minute range (1.11582 to 1.11702), placing a buy order slightly above it and a sell order below. The daily trend is currently down, with the euro falling half a percent today. Historical testing of this specific rule on EUR/USD shows slightly negative performance, and release spikes carry a high risk of entry slippage. The trade fails if it triggers but immediately reverses to the stop at 1.11562, which is the opposing sell order's entry.

ChartPrice structure on the chart: trend, levels, volatility.

About the strategy: Pre-news breakout

The classic news straddle. About four minutes before a high-impact data release for the instrument's currencies (US jobs, inflation, rate decisions, PMIs and the like, from our economic calendar; speeches and press conferences are left out), the range of the last 30 minutes is bracketed: a buy stop half an ATR (5-minute) above it and a sell stop the same below it, at least two ATRs apart. The first to trigger cancels the other, and each one's stop is the other's entry. Orders wait 30 minutes after the release; trades close within three hours. Targets 1R, 2R and 3R.

Caveat: Slightly positive over the last year, +0.04R per trade over 537 trades (gold +0.13R, Nasdaq 100 +0.07R, USD/JPY +0.06R, EUR/USD -0.06R), but one year is too short to tell that from luck. Fills are at the stop price; in a real release spike the fill can be worse (slippage), so the true result is likely lower.

The idea, explained: Trading the news

Timeline

  1. Signal published 1.11625
  2. Reason added
  3. Confidence scored Score 44
  4. Cancelled

Proof it was not edited

When this signal was published, its fixed fields were written to a record and fingerprinted with SHA-256. The fingerprint also contains the one before it, so a change anywhere breaks the chain. You can check it in your browser.

Hash
d3763ed253c54bcc670d56c733b9147b4d686cd6db059b729311ab8ce4827219
Previous hash
99be188c9b958f61a183978ba6d573076d9f15fd1dca3058d6da88dcfe61b6d7
Show the signed record
{"v":2,"symbol":"EURUSD","side":"buy","order_type":"stop","timeframe":"5m","strategy":"news_straddle","source":"data","oco_group":"news_straddle:EURUSD:1793971800","entry":"1.11722","zone_lo":"1.11718","zone_hi":"1.11726","sl":"1.11562","tp1":"1.11882","tp2":"1.12043","tp3":"1.12203","created_at":"2026-11-06T13:26:01Z","expires_at":"2026-11-06T14:00:00Z","max_close_at":"2026-11-06T16:30:00Z","risk":"high","prev_hash":"99be188c9b958f61a183978ba6d573076d9f15fd1dca3058d6da88dcfe61b6d7"}

Risk High Risk

  • Track record: flagged

    Its rule was not profitable after costs in every period we tested.

  • Type of trading: flagged

    News trade: prices can jump when the numbers come out, and orders can fill worse than their price.

  • News: flagged

    A high-impact release is due while the order waits or early in the trade: Nonfarm Payrolls, Average Hourly Earnings (MoM), Average Hourly Earnings (YoY) on 6 Nov at 13:30 UTC.

  • Costs: passed

    The spread is a small share of the stop distance (under 10%).

High Risk means at least one check flagged this trade. Size it smaller, or skip it if you only follow Cautious signals. The tag was set when the signal was published and is part of its signed record.

Confidence

The tested record for this strategy on EUR/USD is negative, and a buy breakout opposes today's strong bearish momentum.

Signals scored 40-49 have won 49% of 47 closed.

Confidence is a score from 0 to 100 given by an AI model. It is checked against how signals in the same band really ended, so treat the measured rate as the evidence, not the score. Reading a track record

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