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

Weekly AMA on Instagram - Ask me anything about trading & investing, stock picks, market analysis, etc!

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.

 

2014 07 23 15.12.47

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. 😀

 

2014 07 23 15.12.25

HFT Forex Trading Strategies – EUR/AUD open profits

 

2014 07 23 23.06.17

HFT Forex Trading Strategies – NZD/USD



TMP Banner Our flagship mentoring program is suitable for both beginners and advanced traders, covering the 4 strategies which I used over the past 15 years to build up my 7-figure personal trading portfolio.

Looking For A Brokerage 2 Thumbnail If you're looking for a reputable brokerage that covers all products (SG stocks, US stocks, global stocks, bonds, ETFs, REITs, forex, futures, crypto) and has one of the lowest commissions, this is what I currently use.
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *