Turnmarks

EUR/USD long, +1.2R: trade of the day, 16 October 2026

Trade of the day · 16 October 2026

The best trade to close on 16 October 2026 was a long on EUR/USD, and it finished at +1.2R.

It was a System G signal: a buy stop placed above the market, which filled only once price broke through 1.12162, on 15 Oct 13:45 UTC. The stop was 1.11884, 28 pips away, and that distance is one R on this trade. The target was 1.12718. From the earlier signal stream, System G.

It was closed at market at 1.12500 on 16 Oct 15:02 UTC, about 25 hours after the fill, for +34 pips. It was one of 3 trades that closed that day: 1 in profit, 1 at a loss, 1 at breakeven or unrated, +0.2R between them.

Target 1.12718 Exit 1.12500 Entry 1.12162 Stop 1.11884 14 Oct 15 Oct 16 Oct
EUR/USD, from 24 candles before the entry to 6 after the exit. The shaded span is the time the trade was open; the dashed lines are its levels. Dates on the axis are UTC.
The trade: EUR/USD, 16 October 2026.
This trade
InstrumentEUR/USD
SystemSystem G (breakout, stop orders)
DirectionLong
OrderBuy stop
Entry1.12162, 15 Oct 13:45 UTC
Stop1.11884
Target1.12718
Exit1.12500, 16 Oct 15:02 UTC, closed at market
Result+1.2R
Pips+34
At 2% risk per trade+2.4% on the account

Risking 2% of the account on it would have made +2.4% on the account.

Past performance does not guarantee future results. This trade was picked after the day was over, because it did best; 1 trade closed at a loss the same day. The latest trade on every instrument, winner or loser, is on Recent Signals, and each instrument's page lists its most recent trades. The signals are information, not advice.

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Previous: 8 Oct 2026 · All trades of the day