TraderSQUAD
Short

EURUSD Pre-Election Orderbook

FX:EURUSD   Euro Fx/U.S. Dollar
119 0 4
The range is likely 1.1450 - 1.0500 on the very wide.

A less dramatic view is that 1.12 caps the upside for moves into stops on the downside into 1.0870 or 1.0850.
Comment: First layer of stop losses at 1.1010 hit
Comment: Low of 1.09913 vs stops at 1.0990 (1.3 pip miss)
Comment: 1.1300 high vs a 1.1200 high (but still inside the 1.1450 range)

This is the power of understanding and correctly reading #Orderbooks

snapshot
Trade closed manually: Original view was based on a Clinton victory. Despite Trump surprise, price respected order levels.

Not bad for a single sample at 5AM GMT on Nov 8th
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