HFT Forex Trades Update: NZD/USD & EUR/AUD

After my afternoon tennis game today, I was checking up on my hands-free forex trades, and I noticed that my NZD/USD HFT swing setup which I entered a few days back has retraced and hit my breakeven stop. During my last workshop, someone asked me about this and I told them that I took half profits when the price broke to a new high.

On hindsight, I might have considered taking full profits and going short instead since it had run into strong resistance.

 

HFT Forex Trading Strategies - EUR/AUD

HFT Forex Trading Strategies – EUR/AUD

 

For the EUR/AUD, I have taken half profits as well, after taking the HFT short setup a couple of days back. I will continue to trail my open profits of $1,700+ till price reaches the next support level. My stoploss is already past my entry point, so this is essentially a risk-free trade. 😀

 

HFT Forex Trading Strategies - EUR/AUD open profits

HFT Forex Trading Strategies – EUR/AUD open profits

 

HFT Forex Trading Strategies - NZD/USD

HFT Forex Trading Strategies – NZD/USD

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About the author

Spencer is an avid globetrotter and unconventional forex trader who made his first million at 28, while trading & travelling around the world. From there, he started building a diversified portfolio of stocks, REITs, ETFs, properties, and businesses. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media. To date, he has travelled to over 50 countries to teach and inspire others.

 

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