EUR/USD is stuck in a range for three days, and close to the bottom of the range. We want to buy at this short-term support level.
We buy 4 pounds per point of EUR/USD at 1.1050
The margin for the positions will be 4* (1.1050*10 000) / 200 = 221 GBP.
During the US session, a news announcement brings some volatility to the markets causing the EUR/USD to break the range to the downside, taking out our Stop Loss.