Trading EURUSD and NZDUSD | Judas Swing Strategy 07/11/2024

Our recent post regarding the NZDUSD trade, which incurred a loss, paved the way for an excellent trading day as we entered two trades on EURUSD and NZDUSD. After our post we spotted these trading setups, we were keen to observe how the positions would develop.


The trade setup emerged simultaneously on both pairs, sparking our interest in the outcome of both trades. Each pair cleared the liquidity at the top of their respective zones, indicating potential selling opportunities in this trading session. Additionally, we awaited a structural break on the sell side and a retracement into the Fair Value Gap of the price leg that broke the structure.



We executed the two trades, each with a risk of 1% of our trading account, resulting in a combined exposure of 2%. Our objective was to attain a total gain of 4% from these trades, so the next step is to exercise patience and wait for the outcomes to unfold. After entering the position, the EURUSD trade quickly hit take profit (TP), meaning we spent only 20 minutes on this trade. These are the types of positions traders dream of, trades that swiftly move to our targets.

We then checked the NZDUSD position to assess its performance and found that it was deep in profits, although it had retraced slightly. This indicated that a bit more patience was necessary for this trade to fully materialize


We reviewed the position once more, and it was very close to reaching the Take-Profit (TP) level before it retraced again


Our patience has finally been rewarded as the NZDUSD position also reached the Take Profit (TP) level, resulting in a successful 2 out of 2 trades for the day, yielding a 4% return from both trades.