Trading EURUSD and NZDUSD | Judas Swing Strategy 17/01/2024

Last Friday was an exciting day trading the Judas Swing strategy! We were fortunate to spot two solid opportunities, one on EURUSD and the other on NZDUSD. Both trades presented similar setups, and once they ticked all the boxes on our trading checklist, we didn’t hesitate to execute. In this post, we’ll walk you through the entire process, from setup to outcome and share key insights from these trades.

By 8:25 EST, we were at our trading desk, prepping for the session to kick off at 8:30 EST. During that brief wait, we marked our trading zones and patiently watched for liquidity resting at the highs or lows of the zones to be breached. It didn’t take long, NZDUSD breached its low within 20 minutes, while EURUSD followed suit just 40 minutes into the session. With the liquidity sweep at the lows complete, we quickly shifted our focus to spotting potential buying opportunities for the session ahead.



Even though we had a bullish bias for the session, we never jump into trades blindly. Instead, we wait for confirmation—a break of structure to the upside, accompanied by the formation of a Fair Value Gap (FVG). A retrace into the FVG serves as our signal to enter the trade. On this occasion, both currency pairs we were monitoring met these criteria perfectly. All that remained was for price to retrace into the FVG, setting us up to execute the trade with confidence.



Price retraced into the FVG on both EURUSD and NZDUSD, meeting all our entry requirements. We executed the trades risking 1% on each setup, putting a total of 2% on the line. Our target? A solid 4% return. The setup was clear, the risk was calculated, and we were ready to let the trades play out



After executing the NZDUSD trade, it was pure momentum—zero drawdown as the trade went straight into profit without hesitation. The same was true for EURUSD, which also faced minimal to no drawdown and quickly hit our take-profit target. Both trades wrapped up in just 25 minutes, netting us a solid 4% return. These are the kinds of sniper entries traders dream of!

But let’s be real, trading isn’t always this smooth. There will be times when you face deep drawdowns and even losses. The key is ensuring your strategy wins more often than it loses. And if your losses outweigh your wins, make sure your winners are big enough to cover those losses. Consistency and proper risk management are what keep traders in the game for the long haul