Pair: EUR/USD
Timeframe: 1-hour
Long or short: Short
Trade rationale: I was anticipating weak euro zone GDP figures for this week so I had a short bias on EUR/USD. I set my order at 1.3500, which is the 61.8% Fib from last week’s drop, and it got triggered prior to the GDP release schedule. The reports posted weaker than expected growth so EUR/USD dropped all the way down to my PT at 1.3350 (recent lows)
I set a simple 50-pip stop and got a 3-to-1 return on this short trade.