Quick answer: On 14 October 2026, the engine issued a buy limit order for USD/JPY during the London session. The trade was triggered by a H4 uptrend alignment and a 50% pullback, avoiding market chase behaviors. The position hit TP1 before exiting later that day, resulting in a 0.5R gain of 26.5 pips after 14 hours in the market.
*Real H1 chart: blue = entry, red = stop, green = TP1-TP3. Times in UTC.*
The setup: why the engine took it
The engine identified a clear H4 uptrend where the 50 EMA remained above the 200 EMA, and price held above the 50 EMA. To avoid over-extending, the entry was set at the 50% pullback level of the most recent H4 up-leg. The H1 RSI at 46 confirmed the price was pulling back rather than chasing an existing momentum move. Please note: this trade followed our previous methodology using EMA and RSI rules; since 15 October 2026, our engine has transitioned to a five-point Smart Money structure check system without technical indicators.
The trade plan
| Attribute | Value |
| :--- | :--- |
| Entry | 158.274 |
| Stop Loss | 157.744 |
| TP1 | 158.804 |
| TP2 | 159.334 |
| TP3 | 159.864 |
| Risk | 53 pips |
| Order Type | LIMIT |
| Session | London |
What happened
| Time (UTC) | Event |
| :--- | :--- |
| 14 Oct 05:00 | Order Filled |
| 14 Oct 12:00 | TP1 Hit |
| 14 Oct 19:00 | Position Closed |
The trade was filled exactly at the 05:00 UTC London session open. Price consolidated and slowly moved upward, reaching the first target seven hours later. As the price failed to reach TP2 or TP3, the position was manually closed at the end of the trading day.
Result
The outcome was a TP1 hit. Total realized profit was 0.5R, equating to 26.5 pips. Per our management rules, half of the position was closed at TP1, and the remaining portion was held until the 19:00 UTC close. Since the price did not reach the secondary targets, the remaining half of the trade yielded less than the full projected 1R for that portion.
What this trade teaches
* Pullback entries require patience: The trade remained open for 14 hours as it moved toward the first target. Traders should prepare for slow developments when trading at the 50% retracement level.
* Volatility limits: The price moved a maximum of 1.3R (68.8 pips) during the session, showing that the market lacked the momentum to reach our secondary targets within the active trade window.
* Stop management: The stop loss of 53 pips remained untouched, with the worst move of the trade being only 0.39R against the entry. This indicates that the entry price was positioned effectively to avoid premature stop-outs during the pullback phase.
Frequently asked questions
Why was the trade closed if it did not hit all targets?
Per our standard management plan, trades that remain open beyond the initial growth phase without hitting the extended targets are often closed by the end of the day to manage daily risk and exposure during non-active sessions.
How does the 50% pullback entry reduce risk?
By waiting for a 50% retracement of the previous H4 leg, we avoid entering at the high of a move. This provides a better risk-to-reward ratio and ensures that we are buying during a temporary dip rather than chasing an overextended trend.
Were indicators used for this signal?
Yes, this specific trade utilized H4 EMAs and H1 RSI. This was consistent with our legacy methodology used until 15 October 2026. Current signals now utilize a non-indicator, Smart Money-based framework for identifying market structure.
Every signal, win or lose, is on the record: weekly results · how the signals are built · today's signals · get free signals.
*Educational only, not financial advice. Past results do not guarantee future results.*